Original article by Roy Morgan
Market Research Update – Page: Online : 14-Oct-26

ANZ-Roy Morgan Consumer Confidence rose 0.9pts to 68 in the week to 11 October, recovering slightly after falling by 6.8pts over the previous three weeks. However, Consumer Confidence is now 15pts lower than a year ago (83), and 4.1pts below the 2026 weekly average of 72.1. Analysis by State shows that Consumer Confidence has increased in New South Wales and Victoria, fallen in Queensland and Western Australia, and is virtually unchanged in South Australia. Now 15% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 55% (down 1ppt) say their families are ‘worse off’. Looking forward, 19% (down 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 42% (down 3ppts) expect to be ‘worse off’. Only 5% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 45% (down 1ppt) expect ‘bad times’. Meanwhile, just 14% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 47% (also unchanged) say now is a ‘bad time to buy’.

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