AUS Westpac Consumer Sentiment March

-1.8% to 84.4 vs +6.2% February (readings below 100 indicate general pessimism vs above 100 indicates general optimism)

Now marks 24-months since Australian consumers were optimistic

Households are disappointed with a lack of certainty around timing of rate cuts / not getting one yet

Also concerned about finances (-1.4% to 65.2) and economic outlook over the next 12-months (-4.5% to 84.9)