Aussie confidence slumps on Trump turmoil

News.com.au - 08/04
Australia’s consumer confidence tumbled in April to a six-month low as US President Donald Trump’s global tariff policy sank the stock market, hitting household sentiment hard.

Australia’s consumer confidence tumbled in April to a six-month low as US President Donald Trump’s global tariff policy sank the stock market, hitting household sentiment hard.

Confidence has dropped by 6 per cent to 90.1 points, according to the latest Westpac-Melbourne Institute survey.

This is tipped to have a flow-on impact on the Australian economy as Aussies say unemployment will rise, they will spend less on major purchases and now think it is a less favourable time to purchase a home.

US President Donald Trump’s tariff policies have caused a worldwide shake-u...
[Short citation of 8% of the original article]