Consumer Confidence & Business Confidence start 2018 on a high

Original article by Roy Morgan
Market Research Update – Page: Online : 16-Apr-18

Roy Morgan Business Confidence and ANZ-Roy Morgan Consumer Confidence have both begun 2018 on a high, recording their highest ratings for the March quarter in several years. Roy Morgan Business Confidence for the March quarter 2018 was recorded at 119.7, up 5.7pts on a year ago. This is the highest Business Confidence rating for the March quarter since 2014, when Business Confidence was an impressive 123.2 for the opening months of 2014. ANZ-Roy Morgan Consumer Confidence has almost matched its fellow confidence measure, recording a confidence rating of 119.4 for the March quarter 2018, up 3.2pts on a year ago. This makes 2018 the best start to a year for Consumer Confidence since the March quarter 2013, when Consumer Confidence averaged 120.6 for the first three months of that year. Roy Morgan CEO Michele Levine says the improved political performance of the Turnbull Government in the two latest Morgan Polls and the positive start to 2018 for both Roy Morgan Business Confidence and ANZ-Roy Morgan Consumer Confidence mean next month’s Federal Budget presents a clear opportunity for Treasurer Scott Morrison to set the Government on the path to a strong performance at the next Federal election.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MORGAN POLL, AUSTRALIA. DEPT OF THE TREASURY

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