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AAP
AAP
Jacob Shteyman

YOU WONT BELIEVE: State named best for business for third straight year - What They Never Told You

Consumers are finally feeling more optimistic - just in time for the festive shopping season. (Dan Himbrechts/AAP PHOTOS)

Australian households are optimistic about their economic prospects for the first time since the start of an inflation spike almost four years ago.

The Westpac-Melbourne Institute Consumer Sentiment Index climbed above 100, meaning optimists outnumbered pessimists, marking a watershed moment for Australia's economy since sentiment soured in early 2022.

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