The NAB Consumer Anxiety Index was released today, showing a rise in anxiety to 64.5 points in Q2 (up from 61.7 points in Q1) – its highest level since the survey began in 2013.
The results of the index showed that the increase related to people’s ability to fund retirement, while anxiety about health and job security also increased. Anxiety is highest in Victoria, but rose most in WA where the economy continues to feel the strain of the mining boom transition.
You can read about more about the index or download the full report at NAB’s Business Research and Insights page.