ANZ-Roy Morgan Consumer Confidence down 2.1pts to 83.0 – down for a second straight week after RBA leaves rates unchanged

Original article by Roy Morgan
Market Research Update – Page: Online : 15-Oct-25

ANZ-Roy Morgan Consumer Confidence fell 2.1pts to 83.0 in the week to 12 October. Consumer Confidence is now at its lowest for over a year, but it is virtually unchanged on the same week a year ago (83.4) and 3.7pts below the 2025 weekly average of 86.7. Analysis by State shows mixed results, with declines in New South Wales, Victoria and South Australia being only partially offset by small increases in Queensland and Western Australia. Now 20% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 45% (up 4ppts) say their families are ‘worse off’. Looking forward, 25% (down 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 32% (up 1ppt) expect to be ‘worse off’. Meanwhile, just 9% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 32% (up 2ppts) expect ‘bad times’. Only 23% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 35% (up 1ppt) say now is a ‘bad time to buy’.

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

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