Australia: Consumers less anxious as anxiety index falls to 62.5 in Q3’15 – NAB

By FXStreet FXStreet (Delhi) – Research Team at National Australia Bank, notes that the Australian consumers are feeling less anxious as consumer anxiety index fell to 62.5 points in Q3’15 (63.5 in Q2). According to the bank’s survey, the cost of living concerns have fallen but are still causing the most stress.

Key Quotes

“Government policy contributed more to consumer stress during the September quarter. Almost 32% of Australian consumers rated their concern over government policy “high” in Q3’15 (29.4% in Q2’15).”

“The level of anxiety arising from cost of living pressures fell, with 29% of consumers rating their anxiety levels “high” in Q3’15 (33.3% in Q2’15).”

“Anxiety around job security also moderated, with solid employment growth during the quarter (especially for part time workers) likely a key contributing factor.”
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Source:: FX Street