Australians Ending 2020 in Upbeat Mood

Australians Ending 2020 in Upbeat Mood
Stacks of new style five Australian dollar note are seen from September 1, 2016.STR/AFP/Getty Images
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Consumer confidence has struck new highs for 2020, which should have retailers rubbing their hands in anticipation of a strong Christmas shopping season.

The ANZ-Roy Morgan consumer confidence index rose 1.7 percent in the past week to 111.2 points, with most of the survey’s sub-indices now back or even higher than their pre-pandemic levels.