Original article by Roy Morgan
Market Research Update – Page: Online : 20-Aug-25

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 89.4 in the week to 17 August, after the Reserve Bank cut interest rates by 25 basis points to 3.6%. However, Consumer Confidence is now 6.4 points above the same week a year ago (83.0), and 2.6pts above the 2025 weekly average of 86.8. Analysis by State shows mixed results, with Consumer Confidence up in Queensland and South Australia, but down in New South Wales, Victoria and Western Australia. Importantly, the Consumer Confidence of home owners has dropped by 2.6 points this week, although the Consumer Confidence for people with a mortgage has increased by 2.1 points. Meanwhile, 24% of Australians (up 3ppts) say their families are ‘better off’ financially than this time last year (the highest figure for this indicator so far this year), while 42% (up 2ppts) 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% (up 2ppts) expect to be ‘worse off’. Just 23% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 33% (unchanged) say now is a ‘bad time to buy’.

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