Original article by Roy Morgan
Market Research Update – Page: Online : 3-Feb-26

ANZ-Roy Morgan Consumer Confidence fell 3.5pts to 80.5 in the week to 1 February; it is now 8pts lower than a year ago (88.5), and 1.6pts below the 2026 weekly average of 82.1. Analysis by State shows decreases in the three largest States of New South Wales, Victoria, and Queensland, but increases in both Western Australia and South Australia. Now 18% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 45% (up 6ppts) say their families are ‘worse off’. Looking forward, 24% (down 1ppt) of respondents expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator since the start of the pandemic in March 2020), while 36% (up 2ppts) expect to be ‘worse off’ (the highest figure for this indicator since June 2024). Only 8% (down 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 33% (up 3ppts) expect ‘bad times’. Meanwhile, 21% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 39% (up 2ppts) say now is a ‘bad time to buy’.

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