Original article by Roy Morgan Research
Market Research Update – Page: Online : 11-Jan-17

ANZ-Roy Morgan Australian Consumer Confidence jumped a sharp 5.9% to 120.1 in the week ended 8 January 2017, more than reversing the decline in the last survey conducted in mid-December (post the surprisingly weak GDP reading). The headline index is now at its highest level in 15 weeks. The details were broadly upbeat. Households’ views of economic conditions over the next 12 months bounced a solid 11.2%, almost entirely reversing last month’s decline. Households’ views of the economic outlook in the next five years rose 2.2%. Meanwhile, households’ views towards their finances compared to a year ago rose 3.0% and now sits at the highest level since the end of September 2016, when the index reached a post-GFC high. Households’ views towards their future finances also improved, up 3.5% last week, and are in a strong upward trend.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ