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...
Source: [Guardian World](https://www.theguardian.com/australia-news/2026/oct/06/consumer-confidence-index-interest-rate-rise-australia-rba-housing-renter-mortgage)