Consumer confidence has fallen in June, according to the latest ANZ Roy Morgan Consumer Confidence survey. The index eased 4 points to 122.
A reading over 100 indicates optimists outweigh pessimists.
Fewer consumers now expect to be financially better off in the next year, but more people think now is a good time to buy big-ticket items.
ANZ senior economist Khoon Goh says a rise of 2.5% in GST to 15% on 1 October may have temporarily distorted the true level of confidence.