Is the Energy Crisis the Only Thing Driving the Economy?

Consumer sentiment in Europe is plumbing record lows, but consumers have still been spending. You've had quite a shift in terms of how governments are approaching it and trying to offset that. It feels like it hasn'tquite had the impact on consumer spending that it otherwise might have had. And even the retail sales come out for Australia, you know, for August, actually a bit better than expected. I think that's a lag effect coming through. Consumers are relatively cashed up. There's still been well down... Well, down... Australian savings rate, basically cash compared to disposable income. Still above average, so it still has scoped to come down.

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