Australia's consumer confidence deteriorated in May, data from the Westpac Bank showed Wednesday.
The Westpac-Melbourne Institute Index of Consumer Sentiment dropped to 98.0 in May from 99.0 in April.
A reading below 100 indicates pessimists outnumber optimists.
Respondents confidence on property market as well as expectations for house purchases weakened sharply.
For comments and feedback: editorial@rttnews.com