Aussie consumers got a tiny boost in confidence this month after the Reserve Bank paused interest rate hikes—especially mortgage holders, who breathed easier knowing their payments won’t spike. But overall, Australians remain cautious: the mood’s still below the optimism-pessimism line, with worries about future rate increases, Middle East tensions driving energy costs, and shoppers still hunting for deals. The pause is a small reprieve, but economic nerves are far from calm.

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