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

ANZ-Roy Morgan Consumer Confidence fell 4.9 points to 68.5 in the week to 15 March; it is now 15.3pts lower than a year ago (83.8), and 9.7pts below the 2026 weekly average of 78.2. The only occasion Consumer Confidence was lower was the weekend of 28-29 March 2020, at the very start of the COVID-19 pandemic when widespread lockdowns were first introduced. Analysis by State shows Consumer Confidence falling in most States, including New South Wales, Queensland, South Australia, and Western Australia, but up slightly in Victoria. Now 15% of Australians (down 3ppts) say their families are ‘better off’ financially than this time last year, while 52% (up 5ppts) say their families are ‘worse off’ (this is the lowest net result for this indicator since December 2023). Looking forward, 21% (up 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 43% (unchanged) expect to be ‘worse off’ (the highest figure for this indicator since August 1989). Only 5% (down 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months (the lowest figure for this indicator since June 2023), while 49% (up 7ppts) expect ‘bad times’ (the highest figure for this indicator since August 2020). Meanwhile, 16% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items (the lowest figure for this indicator since April 2020), while 47% (up 4ppts) say now is a ‘bad time to buy’ (the highest figure for this indicator since January 2025).

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