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Australia consumer confidence hit by global gloom: poll

Australia also ruled out increasing its 10 per cent goods and services tax without the support of all state governments and the major opposition party, adding a hurdle to a key area of policy reform.


A MEASURE of Australian consumer sentiment fell for a second straight month in July with households seemingly spooked by gloomy media coverage of events in China and Greece, underlying how volatile the mood has become.

The survey of 1,200 people by the Melbourne Institute...

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