The latest from our household surveys reveals a further fall in household confidence, with the data to end February 2019.
The overall index fell to 86.5, the lowest since we have run the series.
The state indices have converged at a level below the neutral setting.
The age groups continue to show younger households are less confident, thanks to low wages growth, high costs and rents or mortgage repayments. Some older groups remain more confident.
Property investors continue to struggle, though owner occupied owners are relatively more confident, even if below the neutral setting.
And all wealth segments are now in negative territory.
We review the moving parts in the index in the video above.
