Australia Westpac consumer confidence falls 2.7% in November

Two consecutive monthly declines point to a sentiment trend rather than a one-off wobble, and the back-to-back nature matters more than the size of either move. Australian household confidence is a demand-side signal for a market where retail and consumer-facing exposure has been a persistent soft spot. The open question is whether this becomes a durable deterioration or a short-lived pullback after the larger October drop; a third decline would sharpen that distinction.