Growth

Consumer confidence high at top end

by Staff Reporter•Friday, 4 Jan 2008•7 minute read

Amid fears of crippling affordability and further interest rate rises mortgage lenders can take heart that the top end of town is still flush with cash.

Lamborghini, Rolls Royce, Bentley, Aston Martin, Maserati and Ferrari sales all recorded an average sales increase of 36.6 per cent, according to the Australian Financial Review.

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Economist and CommSec Luxury Car Index author Craig James attributed the buying spree to a strong economy and high Australian dollar.

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Consumer confidence high at top end

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