Everybody's Feeling Good
It's official, according to the latest MasterCard survey we're all a lot more optimistic about everything compared to last year :o)
The results of the MasterCard survey show that Aussies are more optimistic about income, quality of life and the economy.
"Australians are extremely optimistic about the future and are looking forward to the next six months. Fall-out from the US sub prime situation have not dampened the positive Aussie spirit," said Leigh Clapham, executive vice president, Australasia, MasterCard Worldwide
The MasterCard Worldwide Index is the region's most comprehensive and longest running consumer confidence survey. The scores, ranging between 0 and 100, are based on responses on five variables: employment, economy, regular income, stock market and quality of life. Scores above 50 indicating extent of optimism, scores below 50 indicating the extent of pessimism, and 50 being neutral
Australia (64.9) is not at the top of the MasterCard Worldwide Index of Consumer Confidence however, Vietnam (94.3) takes the lead as the country with the most buoyant consumer confidence in the Asia Pacific region. Spare a thought for poor old Taiwan though, with a rating of only 29.7 things are looking a bit bleak for them :o(