• ANZ-Roy Morgan Australian Consumer Confidence nosedived to 109.5, a fall of 4.6 per cent from the previous week's reading. All the sub-indices were in the negative, with three components falling more than 5 per cent. The decline has also resulted in the headline index and each sub-index closing below their long-run averages.

• Current financial conditions fell by 2.9 per cent, while future financial conditions took a bigger hit, falling 5.4 per cent.

• The economic conditions sub-indices were also in the negative, with current economic conditions falling a sharp 7.9 per cent and future economic conditions declining by 5.4 per cent.

• The 'time to buy a household item' fell by 1.7 per cent vis-à-vis a decline of 2.1 per cent in the previous reading.

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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 12 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 March 2019 10:34:21 UTC