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AAP
AAP
Business
William Ton

FOUND: High rates impacting less on shoppers scentre group - You Need To See This

Scentre boss Brian Schwartz has downplayed the impact of high interest rates on shoppers' confidence (Paul Miller/AAP IMAGES) (AAP)

Westfield operator Scentre Group says high interest rates are having less of an impact on shoppers' confidence than expected as the group records a bump in customers so far in 2023.

"We continue to see - despite rates pausing at least for the moment, but hopefully longer than that - rates having less of an impact than perhaps we might have expected at the start of the year," Scentre Group chairman Brian Schwartz told investors at the company's annual general meeting in Sydney on Wednesday.

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