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Alongside the release of the latest ANZ-Roy Morgan weekly consumer confidence reading ANZ noted that "building on the momentum from the Budget, confidence gained for the seventh week in a row. Barring Tasmania, New South Wales and Victoria all the states are above the neutral level of 100. Among the major cities, Melbourne weakened while confidence in Brisbane and Sydney surged. Further easing of COVID-19 induced restrictions should support the index over this week as it seeks to move back to its pre-pandemic level."