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

ANZ-Roy Morgan Consumer Confidence rose 1pt to 77.5 in the week to 23 August; Consumer Confidence is still 8.5pts lower than a year ago (86.5), but it is 5.2pts above the 2026 weekly average of 72.3. Analysis by State shows that consumer confidence is increasing in Western Australia and South Australia, but is virtually unchanged in New South Wales, Victoria and Queensland. Now 17% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 49% (unchanged) say their families are ‘worse off’. Looking forward, 21% (down 4ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 37% (up 1ppt) expect to be ‘worse off’. Only 8% (up 2ppts) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 35% (down 3ppts) expect ‘bad times’ (the best results for these indicators since before the Iran War in late February). Meanwhile, 20% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 39% (down 2ppts) say now is a ‘bad time to buy’.

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