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

ANZ-Roy Morgan Consumer Confidence rose 2 points to 70.8 in the week to 7 June; this is the first time the index has been above the mark of 70 for over two months. However, Consumer Confidence is 15.9pts lower than a year ago (86.7), and just 0.4pts below the 2026 weekly average of 71.2. Analysis by State shows that Consumer Confidence increased in New South Wales, and Queensland, but was down slightly in Victoria, Western Australia and South Australia. Now just 15% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 55% (up 1ppt) say their families are ‘worse off’. Looking forward, 22% (up 4ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 43% (unchanged) expect to be ‘worse off’. Only 6% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 45% (up 1ppt) expect ‘bad times’. Meanwhile, just 19% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 45% (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