11 days ago · Australia
Australian consumer confidence plunges to worst level since 1990s after RBA rate rise
What's happening
SignalsMonitor is following this as a markets story. The Guardian Business is the outlet attached so far. The reports are tied to Australia. The first report grouped here was at 6 Oct 2026, 05:54 UTC. The headline in use is “Australian consumer confidence plunges to worst level since 1990s after RBA rate rise”. This note is SignalsMonitor's own briefing, not the publisher's article.
What we know
Key indicator dropped about 20% after the Reserve Bank last month announced the highest interest rates since 2011 Get our breaking news email, free app or daily news podcast Australian households are the most persistently pessimistic they have been since the early-1990s recession, after a fourth rate rise this year.
Story timeline
Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.
- First reported by The Guardian World
Australian consumer confidence plunges to worst level since 1990s after RBA rate rise
Reported by 1 outlet
- The Guardian