{"id":301143,"date":"2025-11-22T09:20:09","date_gmt":"2025-11-22T09:20:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/301143\/"},"modified":"2025-11-22T09:20:09","modified_gmt":"2025-11-22T09:20:09","slug":"rba-shocks-consumer-macrobusiness","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/301143\/","title":{"rendered":"RBA shocks consumer &#8211; MacroBusiness"},"content":{"rendered":"<p>So much for the consumer recovery.<\/p>\n<p>Last week\u2019s Roy Morgan consumer confidence number lifted slightly, but since the RBA held, it has wiped out over a year of gains.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/1-50.jpg\" width=\"763\" height=\"448\"\/><\/p>\n<p>The Westpac alternative consumer sentiment measure mysteriously jumped hugely last month.<\/p>\n<p>But get ready for the great retracement as its credit card tracker pulls the handbrake.<\/p>\n<p>Advertisement<\/p>\n<p>The Westpac-DataX Card Tracker Index softened in the two weeks to 1 November. The Index fell 2.0pts to 153.7 and is around 5.1pts below its mid-October peak of 158.8. Despite this recent pull-back the Index is sitting above its 2025 average read of 152.9.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/15-3.jpg\" width=\"748\" height=\"377\" decoding=\"async\" loading=\"lazy\"\/><\/p>\n<p>The RBA just gut-punched the consumer.<\/p>\n","protected":false},"excerpt":{"rendered":"So much for the consumer recovery. Last week\u2019s Roy Morgan consumer confidence number lifted slightly, but since the&hellip;\n","protected":false},"author":2,"featured_media":301144,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-301143","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/301143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=301143"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/301143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/301144"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=301143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=301143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=301143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}