Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Sep-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 8.7 per cent to 114.5 in the week ended 20 September 2015. This more than retraces the 7.1 per cent decline over the previous two weeks and leaves confidence above long-run average levels. With no other substantive economic news or market movements to explain the outcome, the driver of the bounce was most likely optimism around the elevation of Communications Minister Malcolm Turnbull to the Prime Ministership. The bounce in confidence was broad-based across the subindices. In particular, views on economic conditions over the next year jumped 25.8 per cent. Confidence in the economy over the next five years also gained a robust 13.4 per cent, but remains well below its long-run average.

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ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET