ANZ-Roy Morgan Consumer Confidence increases 3.5 points to 62.3 after the Albanese Government slashes the fuel excise

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Apr-26

ANZ-Roy Morgan Consumer Confidence rose 3.5 points to 62.3 in the week to 5 April; however, it is now 24.5pts lower than a year ago (86.8), and 12pts below the 2026 weekly average of 74.3. Although an improvement on last week’s record low, this is the second lowest Consumer Confidence in the index stretching back over 50 years since 1972. An analysis by State shows that Consumer Confidence improved in all five mainland States this week. Now 13% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 60% (down 1ppt) say their families are ‘worse off’. Looking forward, 19% (up 2ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 47% (down 4ppts) expect to be ‘worse off’. Only 5% (up 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 54% (down 2ppts) expect ‘bad times’. Meanwhile, 16% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 55% (up 1ppt) say now is a ‘bad time to buy’.

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

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