But still afraid. Westpac.
• Westpac Consumer Sentiment Index up 4% to 95.9 in March.
• Slowing inflation and rate cut lift confidence to three-year high.
• Unsettling overseas news looks to be weighing on the outlook for the
economy.
• Sentiment towards major purchases showing a promising improvement.
• Consumers’ own finances stabilising and further improvement expected.
• Positive view on jobs suggests ‘soft landing’ has been achieved.
