Murray Olds: Australian correspondent on consumer confidence returning to Australia - Heather du Plessis-Allan Drive

The latest ANZ-Roy Morgan Consumer Confidence index shows Australian consumer confidence has reached the highest level in over three years.

More Australian households have reported feeling better off financially, with levels expected to grow in the coming months.

Australian correspondent Murray Olds says the RBA is set to meet next week - and economists are hopeful a rate cut will come.

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