Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-May-17

ANZ-Roy Morgan Australian Consumer Confidence rose by 0.9% to 112.3 in the week ending 7 May 2017, and it is now just below its long-term average.

CORPORATES
Households’ views towards the economic outlook, both near and long term, posted solid increases of 5.0% and 4.9% respectively. The five-year economic outlook is now at its highest value since mid-February, though both are still well below their long-term average. Households’ views towards their finances were mixed. Confidence around current finances fell 3.3%, more than offsetting the 2.6% rise in the previous week. Meanwhile, views about future finances rose a modest 1.2%, partially reversing its previous 3.6% fall.