Original article by Roy Morgan Research
Market Research Update – Page: Online : 24-May-16

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose 0.5 per cent to 115.7 in the week ended 22 May 2016. It has risen 3.6 per cent over the past four weeks. The latest increase likely reflects several factors, including last week’s jobs report (which confirmed healthy conditions in the labour market), strong auction clearance rates, the positive impact from the RBA rate cut three weeks ago and ongoing gains in equity markets since early April. Consumers’ views towards their finances in the next 12 months rose 3.4 per cent, but consumers’ views toward economic conditions in the next 12 months fell slightly.

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