Australian consumer confidence declines

Source: Marketwatch
© Scanpix/AP
Consumer confidence in Australia declined 8% in the last two weeks, amid plunging share prices in China, falling iron-ore prices and an unclear Greek future in the Euro zone. Consumer confidence fell, despite improved conditions in the job market and decrease in the unemployment. However, since the last week's survey, Chinese equities have recovered some of the losses, Greek situation has improved and iron-ore prices have rebounded. 
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