No surprise consumer confidence low: Luke

COWPER Federal MP Luke Hartsuyker says Coffs Coast residents are doing it tough and says he is not surprised by the news from a Sensis Consumer Report that shows consumer confidence at an all-time low.

Mr Hartsuyker, who is the Shadow Minister for Business Development, Independent Contractors and Consumer Affairs, believes there is a direct correlation between the lack of consumer confidence and last November's election of the Rudd Government.

“Consumer confidence has fallen nine percentage points in the last past quarter and 26 points since last November, with 35 per cent of households saying they were worse off compared to a year ago,” said the Federal MP.

“The report highlights the main reason for consumer concern is the increase in the cost of living, particularly petrol prices.

“Last year Kevin Rudd led Australians to believe he could deliver lower fuel and grocery prices.

“In just six months the Prime Minister's betrayal of consumer trust has now been exposed by these latest figures.”

Mr Hartsuyker also claims that Australians have seen through the PM's national FuelWatch scheme. “Australians have heard Kevin Rudd admit he has run out of ideas on lowering the price of fuel,” he said.

“And Australians are now obviously very concerned the Prime Minister is trying to wash his hands of the false hope he created through his pre-election commitments.

“The downward trend of consumer confidence and the arrival of the Rudd Government is no strange coincidence. When challenging economic circumstances present themselves, Australians turn to their national government for leadership.

“However, instead of providing strong leadership, Kevin Rudd is presiding over a government which is increasing taxes, driving up unemployment and leaving ordinary Australians to pick up the tab.”

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