Original article by Roy Morgan
Market Research Update – Page: Online : 21-Jan-26

ANZ-Roy Morgan Consumer Confidence fell 5.2pts to 79.3 in the week to 18 January; it is now 6.5pts lower than a year ago (85.8), and 7pts below the 2025 weekly average of 86.3. Consumer Confidence is now at its lowest level since the week of 8-14 July 2024 (78.5). Analysis by State shows large falls in New South Wales and Queensland, and small falls in Victoria and South Australia, while Consumer Confidence is virtually unchanged in Western Australia. Now 17% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year (the lowest figure for this indicator since June 2023), while 45% (unchanged) 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 34% (up 1ppt) expect to be ‘worse off’. Only 6% (down 4ppts) of respondents expect ‘good times’ for the Australian economy over the next 12 months (the lowest figure for this indicator since November 2023), while 34% (up 2ppts) expect ‘bad times’. Meanwhile, 20% (down 6ppts) of Australians say now is a ‘good time to buy’ major household items, while 38% (up 6ppts) say now is a ‘bad time to buy’ (the highest figure for this indicator since April 2025).

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