ANZ-Roy Morgan Consumer Confidence drops 2.6pts to 74.9 after higher-than-expected official inflation for July

Original article by Roy Morgan
Market Research Update – Page: Online : 2-Sep-26

ANZ-Roy Morgan Consumer Confidence fell 2.6pts to 74.9 in the week to 30 August; Consumer Confidence is now 13.1pts lower than a year ago (88.0), but it is 2.5pts above the 2026 weekly average of 72.4. Analysis by State shows that consumer confidence has decreased in New South Wales, Victoria, Western Australia and South Australia, but it has increased slightly in Queensland. Now 18% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 50% (up 1ppt) say their families are ‘worse off’. Looking forward, 23% (up 2ppts) of respondents expect their family to be ‘better off’ financially this time next year, while 40% (up 3ppts) expect to be ‘worse off’. Only 7% (down 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 40% (up 5ppts) expect ‘bad times’. Meanwhile, 20% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 43% (up 4ppts) say now is a ‘bad time to buy’.

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

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