Original article by Roy Morgan Research
Market Research Update – Page: Online : 17-May-16
The ANZ-Roy Morgan Consumer Confidence rating for Australia rose 1.1 per cent to 115.1 in the week ended 15 May 2016, remaining above its long run average for the third consecutive week. The RBA’s cut to the official cash rate two weeks ago likely had a (delayed) positive impact on consumer confidence. Consumers’ views towards their current finances fell 1.8 per cent, but consumers’ views toward economic conditions in the next 12 months rose by 6.1 per cent.
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