sydney—australian consumer confidence slipped again last week even as the country’s central bank’s decision to hold interest rates gave homeowners some respite from rising borrowing costs consumer confidence decreased by 08 of a point over the week keeping it near lows plumbed during the early months of the covid19 pandemic in 2020 according to a survey by anz bank and pollster roy morgan the reserve bank of australia held the cash rate at 41 after raising it by 400 basis points since may 2022 but warned that further hikes could still be required to tame inflation confidence among those paying off mortgages on their own homes dropped 34 points to its lowest level on record for the cohort anz senior economist adelaide timbrell said confidence on whether it was a good time to buy a major household item plunged 68 points to its lowest since early april 2020 the weekly anzroy morgan australian consumer confidence rating is based on interviews conducted online and over the telephone during the week to sunday