ANZ-Roy Morgan Consumer Confidence up to 113.5

Original article by Roy Morgan
Market Research Update – Page: Online : 6-Nov-19

ANZ-Roy Morgan Australian Consumer Confidence rose 2.8% to 113.5 in the week ended 3 November, after falling 1.1% in the previous week. Households’ views towards current financial conditions rose 1.6%; views towards future financial conditions gained 2.6%, rising for a fourth consecutive week. Consumers’ views toward current economic conditions gained 2.6% and views towards future economic conditions rose 6.8%. The ‘time to buy a major household item’ was up 1.3%, but the four-week average for inflation expectations declined by 0.1ppt to 4.0%.

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

ANZ-Roy Morgan Consumer Confidence slips to 110.4

Original article by Roy Morgan
Market Research Update – Page: Online : 30-Oct-19

ANZ-Roy Morgan Australian Consumer Confidence fell 1.1% to 110.4 in the week ended 27 October. Households’ views towards current financial conditions rose 5%, reversing much of the recent falls; views towards future financial conditions gained 0.4%, a third weekly rise. Consumers’ views toward current economic conditions fell 4% to the lowest level since early 2017, and views towards future economic conditions lost 3.8%. The ‘time to buy a major household item’ was down 3.3%, compared to a gain of 5.1% previously. The four-week average for inflation expectations was stable at 4.1%, although the weekly reading fell below 4% after five weeks of stability.

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

ANZ-Roy Morgan Consumer Confidence recovering to 111.6

Original article by Roy Morgan
Market Research Update – Page: Online : 23-Oct-19

ANZ-Roy Morgan Australian Consumer Confidence rose 0.6% to 111.6 in the week ended 20 October, after the previous week’s 1.2% drop. Households’ views towards current financial conditions fell 2.4%, and this component is now down nearly 10% from its August high; views towards future financial conditions gained 0.4%, taking this subindex back above its long-term average. Consumers’ views toward current economic conditions gained 0.3%, and views towards future economic conditions declined by 1.1%; both subindices are below their long-term average. The ‘time to buy a major household item’ gained 5.1%, and inflation expectations remained stable at 4.1%.

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

ANZ-Roy Morgan Consumer Confidence down to 110.9

Original article by Roy Morgan
Market Research Update – Page: Online : 16-Oct-19

ANZ-Roy Morgan Australian Consumer Confidence fell 1.2% to 110.9 in the week ended 13 October, its second straight weekly loss; confidence remains below its long-run average. Households’ views towards current financial conditions gained 0.2%, while views towards future financial conditions were up 0.7%. However. consumers’ views toward current economic conditions fell 1% and views towards future economic conditions lost 1.7%. The ‘time to buy a major household item’ fell 3.9% after two successive gains. Inflation expectations remained stable at 4.1%.

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

Evans warns of negative impact of rate cuts

Original article by David Rogers
The Australian – Page: 27 : 10-Oct-19

Financial markets expect the cash rate to fall to 0.5 per cent by February, and market pricing suggests that there is more than a 50 per cent chance of further rate cuts by mid-2020. Westpac’s chief economist Bill Evans says the Reserve Bank should take note of declining consumer confidence when considering further rate cuts, and the "possible unintended consequences" of any move toward negative interest rates. The general consensus of economists is that fiscal policy would be more effective than unconventional monetary policy measures such as quantitative easing.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, RESERVE BANK OF AUSTRALIA, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ROY MORGAN LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, GOLDMAN SACHS AUSTRALIA PTY LTD, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AMP CAPITAL INVESTORS LIMITED

ANZ-Roy Morgan Consumer Confidence reverses to 112.3

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Oct-19

ANZ-Roy Morgan Australian Consumer Confidence fell 2.1% to 112.3 in the week ended 6 October, after gaining 4.2% in the previous reading. Households’ views towards current financial conditions fell 4.7%, while views towards future financial conditions lost 5.0%. Consumers’ views toward current economic conditions fell 1.7% and views towards future economic conditions fell 1.1%. The ‘time to buy a major household item’ continued to recover after falling to a 10-year low in recent weeks, although it remains below its long-term average. Inflation expectations rose 0.1 ppt to 4.1%.

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

ANZ-Roy Morgan Consumer Confidence jumps to 114.7

Original article by Roy Morgan
Market Research Update – Page: Online : 2-Oct-19

ANZ-Roy Morgan Australian Consumer Confidence rose 4.2% to 114.7 in the week ended 29 September, closing above its long-term average. Households’ views towards current financial conditions rose 6.9% and remain above the long-run average, while views towards future financial conditions gained 5.9%; both subindices remain above their long-term averages. Consumers’ views toward current economic conditions rose 3.5%, and views towards future economic conditions gained 5.7%; despite the jump, both subindices remain below their long-term averages. The ‘time to buy a major household item’ index rose 7.1% after falling to a 10-year low in the previous week, and it remains well below its long run average. Inflation expectations were unchanged at 4.1%.

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

Major household item buying index slumps

Original article by Michael Mehr
News.com.au – Page: Online : 25-Sep-19

The latest ANZ-Roy Morgan Australian Consumer Confidence data shows that the number of consumers who think now is a good time to buy a major household item has fallen to its lowest level since 2009. ANZ economist Felicity Emmett says this is disappointing given the federal government’s income tax cuts. ANZ-Roy Morgan consumer confidence index data is closely monitored by the Reserve Bank, which is widely tipped to reduce the cash rate again in October.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ROY MORGAN LIMITED, RESERVE BANK OF AUSTRALIA, WESTPAC BANKING CORPORATION – ASX WBC, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH

ANZ-Roy Morgan Consumer Confidence consolidates to 110.1

Original article by Roy Morgan
Market Research Update – Page: Online : 25-Sep-19

ANZ-Roy Morgan Australian Consumer Confidence rose 0.7% to 110.1 in the week ended 22 September, after losing 3.5% in the previous reading. Households’ views towards current financial conditions rose 1.9% and remain above the long-run average, while views towards future financial conditions gained 1.6%. Consumers’ views toward current economic conditions rose 3.6%, and views towards future economic conditions gained 1.0%; both subindices remain well below their long-run averages. The ‘time to buy a major household item’ index dropped 3.8% and is now at its lowest level in 10 years, and the four-week moving average for inflation expectations was stable at 4.1%.

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

ANZ-Roy Morgan Consumer Confidence down to a two year low at 109.3

Original article by Roy Morgan
Market Research Update – Page: Online : 18-Sep-19

ANZ-Roy Morgan Australian Consumer Confidence fell 3.5% to 109.3 in the week ending 15 September, its lowest level in more than two years. The financial conditions subcomponents dropped sharply, while the economic conditions subindices were also down. The four-week moving average for inflation expectations increased by 0.1ppt to 4.1%, while the ‘Time to buy a household item’ was the only subindex in the positive, eking out a 0.2% gain.

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