Westpac senior economist Bill Evans.
Westpac senior economist Bill Evans.

Consumer sentiment at highest since 2010, says economist

CONSUMER sentiment has hit the highest point since December 2010, following the Federal Election, Westpac chief economist Bill Evans wrote on Wednesday.

Mr Evans released the latest sentiment figures, showing a 4.7% jump in positive outlook for Australia's consumers between the start of August and September.

While the Westpac monitor showed the election may have played a role in improving sentiment, a series of rate cuts, which began nearly 12 months ago, was also "gaining traction".

"The index has now increased by a respectable 13.8% since the Reserve Bank began cutting rates and it is now 9.9% above its average over the period since that first rate cut," Mr Evans wrote.



Fire fighters on scene at Brooweena

Fire fighters on scene at Brooweena

This fire broke out about 3pm and crews are working to contain it

WATCH: Cattle escape after truck rollover west of Maryborough

WATCH: Cattle escape after truck rollover west of...

A Maryborough couple has been transported to Hervey Bay Hospital.

Nominations to close for newest awards

Nominations to close for newest awards

Nominations for the first Fraser Coast Sports Awards close Monday.

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