Original article by Roy Morgan
Market Research Update – Page: Online : 9-Jul-25

ANZ-Roy Morgan Consumer Confidence rose 1.4pts to 88.6 in the week to 6 July, and is now at its highest since mid-May. Consumer Confidence is 9.6 points above the same week a year ago (79.0), and 2pts above the 2025 weekly average of 86.6. Analysis by State shows mixed results, with Consumer Confidence up in Victoria, Western Australia and South Australia, but down in New South Wales and Queensland. Now 20% of Australians (up 3ppts) say their families are ‘better off’ financially than this time last year, while 42% (down 3ppts) say their families are ‘worse off’. Looking forward, 29% (up 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 32% (down 1ppt) expect to be ‘worse off’. Now just 11% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 27% (down 2ppts) expect ‘bad times’. Meanwhile, 25% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 34% (up 3ppts) say now is a ‘bad time to buy’.

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