* Consumer sentiment rose by 1.9% in November to be 5.8% higher than a year ago.
* Sentiment is around its three year high.
* Low mortgage rates, strong house and share price growth, and an elevated currency are keeping consumer confidence buoyant.
* Confidence amongst renters, however, has dipped due to rising property prices reducing affordability.
* The Westpac-Melbourne Institute unemployment expectations index rose by 0.9% following a small lift in October. It is at a high level overall which indicates consumer fears over job security remain elevated.
Read the full report:Economic Research
Commonwealth Bank