The ANZ - Roy Morgan consumer confidence survey is conducted weekly and continues to run running along close to its 3-year low.
As part of the survey is a question about inflation expectations. These dipped last week, to 5.4% (5.6% prior week).
The Reserve Bank of Australia meet next week, August 1:
- RBA July meeting minutes - says there was a strong case for raising the cash rate
- MUFG see support for the AUD ahead of an RBA August rate hike (hike is not a done deal)
