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Australian consumer sentiment drops in September amid rates and petrol

A Westpac–Melbourne Institute survey showed Australian consumer sentiment fell sharply in September. The main index slid 5.2% as higher interest-rate fears and a rebound in fuel prices weighed on finances and the outlook.

A measure of Australian consumer sentiment fell sharply in September in a survey released on Tuesday, with fears of higher interest rates and a rebound in fuel prices weighing on household finances and the economic outlook. 2% to …