ANZ-Roy Morgan Consumer Confidence drops 4.5 pts to 93.0 after COVID-19 cases surge in Melbourne

Original article by Roy Morgan
Market Research Update – Page: Online : 1-Jul-20

ANZ-Roy Morgan Australian Consumer Confidence fell 4.5pts to 93.0 in the week to 27/28 June, and is now at its lowest since May 23/24 (92.7). Consumer Confidence is 25.9pts lower than a year ago (118.9) and 2.1pts below the 2020 weekly average of 95.1. Now 21% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year (the lowest figure for this indicator since May 9/10), while 35% (down 1ppt) say their families are ‘worse off’ financially. Meanwhile, 34% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator since April 25/26), and 19% (up 1ppt) expect to be ‘worse off’ financially. Just 7% (down 3ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 45% (up 5ppts) expect ‘bad times’. In addition, 36% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 34% (up 3ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ was stable at 3.2%.

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

ANZ-Roy Morgan Consumer Confidence unchanged at 97.5

Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence was unchanged at 97.5 in the week to 21 June, although weakness was seen in three sub-indices compared to just one in the previous reading. Now 23% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 36% (up 1ppt) say their families are ‘worse off’ financially. Meanwhile, 35% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 18% (up 1ppt) expect to be ‘worse off’ financially. Just 10% (up 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 40% (up 2ppts) expect ‘bad times’. In addition, 38% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 31% (down 3ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ was stable at 3.2%.

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

ANZ-Roy Morgan Consumer Confidence up 0.5pts to 97.5

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence rose 0.5% to 97.5 in the week to 14 June, after pausing the week before. Now 24% (up 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 35% (up 1ppt) say their families are ‘worse off’ financially. Meanwhile, 38% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (unchanged) expect to be ‘worse off’ financially. Just 9% (unchanged) expect ‘good times’ for the Australian economy over the next 12 months, while 38% (down 2ppts) expect ‘bad times’. In addition, 37% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 34% (down 1ppt) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.2%. The weekly reading increased 0.2pts to 3.3%.

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

ANZ-Roy Morgan Consumer Confidence ends record nine week run, down 1.3pts to 97.0

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence fell 1.3% to 97.0 in the week to 7 June, after a nine-week run of consecutive gains. Now 22% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 34% (down 2ppts) say their families are ‘worse off’ financially. Meanwhile, 37% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (unchanged) expect to be ‘worse off’ financially. Just 9% (down 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 40% (down 2ppts) expect ‘bad times’. In addition, 37% (down 5ppts) of Australians say now is a ‘good time to buy’ major household items, while 35% (up 1ppt) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ fell 0.1ppt to 3.2%. The weekly reading remained unchanged at 3.1%.

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

ANZ-Roy Morgan Consumer Confidence increases for ninth straight week, up 5.6pts to 98.3

Original article by Roy Morgan
Market Research Update – Page: Online : 3-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence rose 6% to 98.3 in the week to 31 May. The nine-week run is the most extended run of consecutive gains since the index changed to a weekly format in 2008. Now 24% (up 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 36% (unchanged) say their families are ‘worse off’ financially. Meanwhile, 38% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (also unchanged) expect to be ‘worse off’ financially. However, just 10% (up 4ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 42% (down 6ppts) expect ‘bad times’. In addition, 42% (up 7ppts) of Australians say now is a ‘good time to buy’ major household items, while 34% (down 4ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.3%. The weekly reading decreased to 3.1% from 3.2%.

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

ANZ-Roy Morgan Consumer Confidence increases for seventh straight week, up 2.0pts to 92.3

Original article by Roy Morgan
Market Research Update – Page: Online : 20-May-20

ANZ-Roy Morgan Australian Consumer Confidence rose 2.2% to 92.3 in the week to 17 May. Now 24% (up 3ppts) of Australians say their families are ‘better off’ financially than this time last year, while 36% (down 4ppts) say their families are ‘worse off’ financially. Meanwhile, 37% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 20% (unchanged) expect to be ‘worse off’ financially. However, just 7% (up 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 48% (up 2ppts) expect ‘bad times’. In addition, 34% (up 4ppts) of Australians say now is a ‘good time to buy’ major household items, while 40% (up 1ppt) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.4%. The weekly reading decreased to 3.3% from 3.5%.

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

ANZ-Roy Morgan Consumer Confidence increases for sixth straight week, up 0.8pts to 90.3

Original article by Roy Morgan
Market Research Update – Page: Online : 13-May-20

ANZ-Roy Morgan Australian Consumer Confidence rose 0.9% to 90.3 in the week to 10 May. Now 21% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 40% (up 1ppt) say their families are ‘worse off’ financially. Meanwhile, 36% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 20% (down 1ppt) expect to be ‘worse off’ financially. However, just 6% (down 2ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 46% (down 2ppts) expect ‘bad times’. In addition, 30% (up 1ppts) of Australians say now is a ‘good time to buy’ major household items, while 39% (down 6ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.4%. The weekly reading increased from 3.2% to 3.5%.

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

ANZ-Roy Morgan Consumer Confidence increases for fifth straight week, up 4.5pts to 89.5

Original article by Roy Morgan
Market Research Update – Page: Online : 6-May-20

ANZ-Roy Morgan Australian Consumer Confidence rose 5.3% to 89.5 in the week to 3 May. Now 23% (up 4ppts) of Australians say their families are ‘better off’ financially than this time last year, while 39% (down 1ppt) say their families are ‘worse off’ financially. Meanwhile, 36% (up 6ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 21% (down 1ppt) expect to be ‘worse off’ financially. However, just 8% (up 2ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 48% (unchanged) expect ‘bad times’. In addition, 29% (up 4ppts) of Australians say now is a ‘good time to buy’ major household items, while 45% (up 7ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ fell 0.3ppt to 3.4%. The weekly reading fell to 3.2% from 3.6%.

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

ANZ-Roy Morgan Consumer Confidence increases for fourth straight week, up 0.8pts to 85.0

Original article by Roy Morgan
Market Research Update – Page: Online : 29-Apr-20

ANZ-Roy Morgan Australian Consumer Confidence rose 1% to 85.0 in the week to 26 April, although the gain was much smaller than over the prior three weeks. Now 19% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 40% (down 1ppt) say their families are ‘worse off’ financially. Meanwhile, 30% (down 6ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 22% (down 2ppts) expect to be ‘worse off’ financially. However, just 6% (up 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 48% (down 6ppts) expect ‘bad times’. In addition, 25% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 38% (down 9ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ fell 0.1ppt to 3.7%. The weekly reading bumped to 3.6% from 3.1%.

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

ANZ-Roy Morgan Consumer Confidence increases to 84.2

Original article by Roy Morgan
Market Research Update – Page: Online : 22-Apr-20

ANZ-Roy Morgan Australian Consumer Confidence rose 7.7% to 84.2 in the week to 19 April. Now 20% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 41% (up 1ppt) say their families are ‘worse off’ financially. Meanwhile, 36% (up 4ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 24% (down 3ppts) expect to be ‘worse off’ financially. However, just 5% (unchanged) expect ‘good times’ for the Australian economy over the next 12 months, while 54% (down 4ppts) expect ‘bad times’. In addition, 28% (up 8ppts) of Australians say now is a ‘good time to buy’ major household items, while 47% (down 7ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ fell 0.2ppt to 3.8%. The weekly reading dipped to 3.1% from 3.8%.

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