ANZ-Roy Morgan Consumer Confidence drops 3pts to 71.9 in early September, lowest rating since late July

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Sep-26

ANZ-Roy Morgan Consumer Confidence fell 3pts to 71.9 in the week to 6 September; it was the second straight weekly fall after the ABS announced higher-than-expected official inflation for July. Consumer Confidence is now 17.4pts lower than a year ago (89.3), and 0.5pts below the 2026 weekly average of 72.4. Analysis by State shows that Consumer Confidence has decreased in New South Wales, Victoria, and Western Australia for a second straight week, while it is down in Queensland but up slightly in South Australia. Now just 14% of Australians (down 4ppts) say their families are ‘better off’ financially than this time last year, while 54% (up 4ppts) say their families are ‘worse off’. Looking forward, 22% (down 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 41% (up 1ppt) expect to be ‘worse off’. Only 5% (down 2ppts) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 39% (down 1ppt) expect ‘bad times’. Meanwhile, only 16% (down 4ppts) of Australians say now is a ‘good time to buy’ major household items, while 41% (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

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