Original article by Roy Morgan
Market Research Update – Page: Online : 28-Oct-26

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 67.9 in the week to 25 October. However, Consumer Confidence is now 17.9pts lower than a year ago (85.8), and just 4pts below the 2026 weekly average of 71.9. Analysis by State shows that Consumer Confidence has increased slightly in New South Wales, Queensland, Western Australia and South Australia, but decreased slightly in Victoria. Now 16% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 52% (down 4ppts) 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 2ppts) expect to be ‘worse off’. Only 5% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next year, while 47% (down 2ppts) expect ‘bad times’. Meanwhile, 14% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 48% (up 4ppts) say now is a ‘bad time to buy’.

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