ANZ-Roy Morgan Consumer Confidence plunges to 30-year low at 72.2

Original article by Roy Morgan
Market Research Update – Page: Online : 25-Mar-20

ANZ-Roy Morgan Australian Consumer Confidence fell a massive 27.8% to 72.2 in the week ended 12 March. This fall has bought the headline index to just above the all-time lows recorded in 1990, and 17% below the lowest point seen during the global financial crisis (Oct 2008). All sub-components of the survey plunged. Current financial conditions fell 23.9% while future financial conditions dropped 25.8%. The economic conditions subindices were also down sharply, with current economic conditions falling 37.1% and future economic conditions declining by 19.1%. ‘Time to buy a major household item’ fell by 37.2%, but the four-week moving average for ‘inflation expectations was stable at 4.0%.

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

ANZ-Roy Morgan Consumer Confidence hits decade low at 100.0

Original article by Roy Morgan
Market Research Update – Page: Online : 18-Mar-20

ANZ-Roy Morgan Australian Consumer Confidence fell 0.4% to 100.0 in the week ended 15 March, a somewhat surprising result given the news flow. The Federal Government’s fiscal package may have contributed to the resilience. Current economic conditions fell 9.3%, adding to declines of 8% and 16.6% in the previous two reading; future economic conditions strengthened for the second week in a row, rising 2.1%. Meanwhile, current financial conditions gained 3%, while future finances declined 0.5%. The ‘Time to buy a major household item’ subindex fell by 0.2%, its third straight weekly loss, and it remains at an 11-year low. 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 decreases to 108.3

Original article by Roy Morgan
Market Research Update – Page: Online : 26-Feb-20

ANZ-Roy Morgan Australian Consumer Confidence fell 0.7% to 108.3 in the week ended 23 February. Current finances fell 4%, while future finances were down 5.2% for a second straight weekly loss. In contrast, current economic conditions gained 2.4%, building on the strong rise of 6.5% in the previous reading; future economic conditions rose 2.7%. The ‘Time to buy a major household item’ subindex gained 1.7% after declining for two successive weeks. The four-week moving average for inflation expectations was stable at 4%.

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

ANZ-Roy Morgan Consumer Confidence increases to 109.1

Original article by Roy Morgan
Market Research Update – Page: Online : 19-Feb-20

ANZ-Roy Morgan Australian Consumer Confidence rose 1.2% to 109.1 in the week ended 16 February, with the bushfires over and Australians going back to business. Consumer Confidence increased and more than reversed last week’s loss, continuing the recent sawtooth pattern. The gains have been a little more than the losses, so the index reached its 2020 high last week. Current finances gained 2%, while future finances were down 0.1%. Current economic conditions gained 6.5% compared to a fall of 4.1% in the previous week, while future economic conditions were flat. The ‘Time to buy a major household item’ subindex fell 0.9%, adding to the loss of 5% seen in the previous reading. The four-week moving average for inflation expectations fell by 0.1ppt to 4.0%, while the weekly reading remained stable.

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

ANZ-Roy Morgan Consumer Confidence down a touch to 107.8

Original article by Roy Morgan
Market Research Update – Page: Online : 12-Feb-20

ANZ-Roy Morgan Australian Consumer Confidence fell 0.6% to 107.8 in the week ended 9 February. Current financial conditions fell 3%, while future financial conditions rose 3.8%. In a similar pattern, the 4.1% fall in current economic conditions did not quite offset the 5.3% rise in future economic conditions. The ‘Time to buy a major household item’ subindex fell 5%, to its lowest level since mid- December. The four-week moving average of inflation expectations was unchanged at 4.1%.

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

Despite everything ANZ-Roy Morgan Consumer Confidence virtually unchanged at 108.5

Original article by Roy Morgan
Market Research Update – Page: Online : 5-Feb-20

ANZ-Roy Morgan Australian Consumer Confidence edged 0.5% higher to 108.5 in the week ended 2 February, reversing the previous week’s decline. However, it remains well below average. Overall financial conditions were little changed, with offsetting moves in current and future finances. Current economic conditions gained 2.1%, while future economic conditions declined 2.5%. The ‘Time to buy a major household item’ subindex gained 2.7%, following a decline of 2.4% previously. The four-week moving average of inflation expectations was up by 0.1ppt to 4.0%; the weekly reading rose to 4.2%, its highest level since early September.

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

ANZ-Roy Morgan Consumer Confidence virtually unchanged at 108.0

Original article by Roy Morgan
Market Research Update – Page: Online : 30-Jan-20

ANZ-Roy Morgan Australian Consumer Confidence fell 0.3% to 108.0 in the week ended 26 January. Current finances fell 0.5%, but this was balanced by a similar increase in future finances. Current economic conditions fell 1.8%, while future economic conditions gained 3.5%. The ‘Time to buy a major household item’ subindex was down 2.4%, after a gain of 4.7% previously. The four-week moving average of ‘inflation expectations’ was stable at 3.9%.

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

ANZ-Roy Morgan Consumer Confidence bounces to 107.3

Original article by Roy Morgan
Market Research Update – Page: Online : 15-Jan-20

ANZ-Roy Morgan Australian Consumer Confidence rose 1% to 107.3 in the week ended 12 January, recovering a bit more than half the loss seen in the prior survey. Current economic conditions gained 6.1% after a fall of 12.9% in the previous reading, while future economic conditions gained 8.6%. Current finances declined by 5.5%, dropping to its lowest level since June; future finances gained 0.6%, for a third consecutive increase. The four-week moving average of inflation expectations was down by 0.1ppt to 3.9%.

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

ANZ-Roy Morgan Consumer Confidence falters on bush fires

Original article by Roy Morgan
Market Research Update – Page: Online : 8-Jan-20

ANZ-Roy Morgan Australian Consumer Confidence fell 1.7% to 106.2 in the week ended 5 January, to its lowest level in more than four years. A drop in confidence at the start of the year is unusual and almost certainly reflects the impact of the catastrophic bush fires over the weekend. ‘Current economic conditions’ were down 12.9%, while ‘future economic conditions’ fell 8.1%; current economic conditions are at their lowest level since the global financial crisis, while sentiment toward the future economic outlook is at its lowest level since 1994. In contrast, ‘current finances’ rose 4%, while ‘future finances’ were up 0.3%. The ‘time to buy a household item’ sub-index gained 4.8%, recovering from a fall of 6.4% seen in the last reading of 2019. The four-week moving average of ‘inflation expectations’ was stable at 4.0%, though weekly readings saw a sharp fall, which should result in a weaker reading in the coming week.

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

Yuletide bounce falls flat for shops

Original article by Patrick Commins
The Australian – Page: 3 : 24-Dec-19

AMP Capital’s Shane Oliver says the bushfire crisis is likely to affect consumer sentiment during the retail sector’s crucial Christmas trading period. He notes that consumer confidence had already been dampened by factors such as low wages growth, a high underemployment rate and economic uncertainty. The Australian Retailers Association has forecast that consumer spending will by rise 2.6 per cent to $52.7bn between 14 November and 24 December, while it expects spending at post-Christmas sales to rise 2.4 per cent to $18.7bn.

CORPORATES
AMP CAPITAL INVESTORS LIMITED, AUSTRALIAN RETAILERS ASSOCIATION, DELOITTE ACCESS ECONOMICS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ