Spending has plunged during the omicron virus wave and consumer confidence has posted its worst January result since 30 years ago, when the economy was emerging from a painful recession, new economic surveys reveal.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
