Original article by Roy Morgan
Market Research Update – Page: Online : 2-Apr-25

ANZ-Roy Morgan Consumer Confidence rose 1.1pts to 85.3 in the week to 30 March. Consumer Confidence is now 2.5 points above the same week a year ago (82.8), but it is 1.3pts below the 2025 weekly average of 86.5. Analysis by State shows that increases in New South Wales, Queensland and Western Australia drove the weekly up-tick, while there were small declines in Victoria and South Australia. Now 21% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 45% (down 4ppts) say their families are ‘worse off’. Looking forward, 28% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 29% (down 3ppts) expect to be ‘worse off’. Now 10% (up 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 30% (down 2ppts) expect ‘bad times’. Meanwhile, 23% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 39% (down 4ppts) say now is a ‘bad time to buy’ (the lowest figure for this indicator since May 2022).

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ