House debates
Wednesday, 22 March 2023
Questions without Notice
Consumer Confidence
2:56 pm
Zoe McKenzie (Flinders, Liberal Party) Share this | Hansard source
My question is for the Prime Minister. Last week's Westpac-Melbourne Institute Survey of Consumer Sentiment Index was below 80 for two months in a row. Chief Economist Bill Evans said:
Runs of sub-80 reads have only been seen during the late 1980s/early 1990s recession and in the 'banana republic' period of concern in 1986 …
Why does consumer confidence always collapse when Labor is in government, why is the Prime Minister so out of touch and why do Australian families always pay more under Labor?
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