consumer confidence

Despite more than 60 per cent of consumers expecting interest rates to rise, confidence is climbing, according to new data.

Consumer confidence plummets as the repercussions of rising mortgage debt sink in.

Home owner confidence jumped 3.7 points, just before the central bank pumped up the cash rate by a further 25 bps.

Poor economic confidence is pushing consumers to expect the worst with interest rate rise fears climbing significantly in July.

Continued cash rate rises will impact mortgagor emotions even further, ANZ-Roy Morgan data has revealed.

While consumer sentiment among mortgage holders has increased, overall sentiment still sits at 30-year lows, Westpac has revealed.

Consumer confidence is down across a range of areas, latest ANZ-Roy Morgan data has revealed.