The Westpac-MI Leading Index is a widely recognized economic indicator that aims to predict changes in the Australian economy. It is a collaborative effort between Westpac Banking Corporation and the Melbourne Institute of Applied Economic and Social Research
Consumer confidence is a measure of consumers’ optimism or pessimism about the current and future state of the economy
The Australian Westpac Consumer Confidence Change is derived from the Westpac Consumer Sentiment Index, which measures the level of consumer confidence in the Australian economy
The Westpac Consumer Confidence Index is based on a survey conducted by Westpac, one of Australia’s largest banks, in collaboration with the Melbourne Institute
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