Original article by Roy Morgan
Market Research Update – Page: Online : 11-Feb-26

ANZ-Roy Morgan Consumer Confidence fell 3.6pts to 76.9 in the week to 8 February; it is now 9.8pts lower than a year ago (86.7), and 4.1pts below the 2026 weekly average of 81.0. Analysis by State shows that the Reserve Bank’s decision to raise interest rates for the first time in more than two years hit confidence everywhere, with a uniform fall in confidence across all States this week. Now just 16% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 47% (up 2ppts) say their families are ‘worse off’. Looking forward, only 22% (down 2ppts) of respondents expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator since July 1989), while 35% (down 1ppt) expect to be ‘worse off’. Only 8% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 38% (up 5ppts) expect ‘bad times’. Meanwhile, 20% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 39% (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