Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Jul-17

ANZ-Roy Morgan Australian Consumer Confidence rose 2.4% to 114.5 in the week ended 2 July 2017, bringing the index to its highest point since early April and above the long-run average. The rise in confidence was broad-based, with all sub-indices posting gains. The volatility in households’ views around current financial conditions continues, with the sub index rising 3.8%. Consumers were less optimistic about future financial conditions. This sub index rose 0.8% last week, only partially offsetting the 1.7% decline in the previous week. Confidence around both current and future economic conditions rose solidly (+3.7% and +3.0% respectively). The current economic conditions sub index now sits at its highest point since mid-March.

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