Original article by Roy Morgan
Market Research Update – Page: Online : 7-Oct-26

ANZ-Roy Morgan Consumer Confidence fell 3.4pts to 67.1 in the week to 4 October, which is its lowest rating since late May. Consumer Confidence is now 18pts lower than a year ago (85.1), and 5.1pts below the 2026 weekly average of 72.2. Analysis by State shows that Consumer Confidence has decreased in the four largest States of New South Wales, Victoria, Queensland and Western Australia, but is up slightly in South Australia. Now 15% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 56% (up 6ppts) say their families are ‘worse off’. Looking forward, 20% (unchanged) of respondents expect their family to be ‘better off’ financially this time next year, while 45% (up 2ppts) expect to be ‘worse off’. Only 5% (down 1ppt) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 46% (up 2ppts) expect ‘bad times’. Meanwhile, just 14% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 47% (up 3ppts) say now is a ‘bad time to buy’.

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