Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-26
ANZ-Roy Morgan Consumer Confidence rose 2.1pts to 72.8 in in the week to 21 June, its highest rating since early March. Consumer Confidence is still 13.9pts lower than a year ago (86.7), but 1.6pts above the 2026 weekly average of 71.2. Analysis by State shows that Consumer Confidence increased in New South Wales, Queensland, and Western Australia, was unchanged in South Australia, and down in Victoria. Now just 16% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 53% (down 1ppt) say their families are ‘worse off’. Looking forward, 22% (up 1ppt) 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 42% (down 4ppts) expect ‘bad times’. Meanwhile, 22% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 42% (down 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