Original article by Roy Morgan
Market Research Update – Page: Online : 8-Jul-26

ANZ-Roy Morgan Consumer Confidence fell 1.2pts to 74.7 in the first week of July; Consumer Confidence is now 13.9pts lower than a year ago (88.6), but 3.2pts above the 2026 weekly average of 71.5. Analysis by State shows that Consumer Confidence increased marginally in Victoria, Queensland and South Australia, but fell in New South Wales and Western Australia. Now 15% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 51% (down 1ppt) say their families are ‘worse off’. Looking forward, 22% (down 2ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 40% (up 1 ppt) expect to be ‘worse off’. Only 7% (up 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 40% (up 5ppts) expect ‘bad times’. Meanwhile, just 19% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 42% (down 1ppt) say now is a ‘bad time to buy’.

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