ANZ-Roy Morgan Consumer Confidence drops 4.4 points to 71.2 – lowest rating since mid-June

Original article by Roy Morgan
Market Research Update – Page: Online : 29-Jul-26

ANZ-Roy Morgan Consumer Confidence fell 4.4 points to 71.2 in the week to 26 July; Consumer Confidence is now 15.5pts lower than a year ago (86.7), and 0.6pts below the 2026 weekly average of 71.8. Analysis by State shows that Consumer Confidence has fallen in the five mainland States of New South Wales, Victoria, Queensland, Western Australia and South Australia. Now 16% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 52% (up 1ppt) say their families are ‘worse off’. Looking forward, 20% (down 2ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 43% (up 4ppts) expect to be ‘worse off’. Only 6% (down 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 41% (up 2ppts) expect ‘bad times’. Meanwhile, just 17% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 44% (up 4ppts) say now is a ‘bad time to buy’.

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

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