ANZ-Roy Morgan Consumer Confidence up 1.9pts to 111.2 as Australians become more confident about their personal finances

Original article by Roy Morgan
Market Research Update – Page: Online : 16-Dec-20

ANZ-Roy Morgan Consumer Confidence increased 1.9pts to 111.2 on December 12/13. It is now 15.4pts above the 2020 weekly average of 95.8 and 3.2pts higher than a year ago (108.0). This is the highest Consumer Confidence has been since Melbourne Cup weekend in 2019 (113.5). Now 27% (up 3ppts) of Australians say their families are ‘better off’ financially than this time last year, while 28% (down 3ppts), say their families are ‘worse off’ financially (the lowest figure for this indicator since March 14/15). In addition, 41% (up 3ppts) of Australians expect their family to be ‘better off’ financially this time next year (the highest figure for this indicator since February 15/16), and 15% (up 2ppts) expect to be ‘worse off’ financially. Some 19% (up 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months (the highest figure for this indicator since March), while 20% (down 1ppt) expect ‘bad times’ (the lowest figure for this indicator since November 2010). Meanwhile, 43% (unchanged) of Australians say now is a ‘good time to buy’ major household items (the equal highest figure for this indicator since February 8/9), while 25% (unchanged) say now is a ‘bad time to buy’ (the equal lowest figure for this indicator for nine months).

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

ANZ-Roy Morgan Consumer Confidence up 1.8pts to 109.3 as more Australians say now is a good time to buy major household items

Original article by Roy Morgan
Market Research Update – Page: Online : 9-Dec-20

ANZ-Roy Morgan Consumer Confidence rose 1.8pts to 109.3 on December 5/6. It is now 13.8pts above the 2020 weekly average of 95.5 and 0.3pts higher than a year ago (109.0). This is the first time Consumer Confidence has been higher than a year ago since June 2019. Now 24% (unchanged) of Australians say their families are ‘better off’ financially than this time last year, while 31% (also unchanged) say their families are ‘worse off’ financially. In addition, 38% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 13% (down 2ppts) expect to be ‘worse off’ financially (the lowest figure for this indicator since January 11/12. Some 17% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 21% (down 2ppts), expect ‘bad times’ (the lowest figure for this indicator since March 2013). Meanwhile, 43% (up 2ppts) of Australians say now is a ‘good time to buy’ major household items (the highest figure for this indicator since February 8/9), while 25% (unchanged) say now is a ‘bad time to buy’ (the equal lowest figure for this indicator for nine months).

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

ANZ-Roy Morgan Consumer Confidence up 3pts to 107.5 as confidence grows about Australia’s economic performance over the next year

Original article by Roy Morgan
Market Research Update – Page: Online : 2-Dec-20

ANZ-Roy Morgan Consumer Confidence rose 3pts to 107.5 on November 28/29. It is now 12.3pts above the 2020 weekly average of 95.2 and only 0.6pts lower than a year ago (108.1). Now 24% (up 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 31% (down 1ppt) say their families are ‘worse off’ financially. In addition, 38% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 15% (down 1ppt) expect to be ‘worse off’ financially. Some 17% (up 3ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 23% (down 4ppts) expect ‘bad times’ (the lowest figure for this indicator since April 2019). Meanwhile, 41% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 25% (down 4ppts) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence increases for ninth straight week, up 0.2pts to 99.9 – up in Melbourne as 16 week lockdown ends

Original article by Roy Morgan
Market Research Update – Page: Online : 4-Nov-20

ANZ-Roy Morgan Consumer Confidence rose 0.2pts to 99.9 on the weekend of October 31/ November 1. It is now 5.7pts above the 2020 weekly average of 94.2, but it is still 13.6pts lower than a year ago (113.5). Consumer Confidence has now increased for nine straight weeks and is up 9.7pts since ending August at 90.2, and is at its highest since March 14/15 (100.0). Now 22% (down 4ppts) of Australians say their families are ‘better off’ financially than this time last year, while 34% (up 2ppts) say their families are ‘worse off’ financially. In addition, 36% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 16% (unchanged) expect to be ‘worse off’ financially. Some 12% of Australians (up 3ppts) expect ‘good times’ for the Australian economy over the next 12 months (the highest figure for this indicator since March, while 30% (down 4ppts) expect ‘bad times’ (the lowest figure for this indicator since July 2019). Meanwhile, 35% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 32% (up 1ppt) say now is a ‘bad time to buy’.

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

Australia & COVID-19 The Economic Story So Far 2.0 Roy Morgan Update: October 2020

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Oct-20

During the COVID-19 crisis, the ANZ-Roy Morgan Consumer Confidence Index, Roy Morgan Business Confidence Index and Inflation Expectations all hit new record lows, and Unemployment reached its highest level since Roy Morgan began independently measuring it more than two decades ago. Although the pandemic is still with us, and its effects are being felt throughout the nation, there has been improvement all four measures, although Inflation Expectations was the last to lift and rose only slightly, and the seeming improvement in Unemployment is deceptive. Roy Morgan CEO Michele Levine says "We noted in our previous COVID-19: The Economic Story So Far update that as the pandemic progressed, the early sense of ‘we’re all in this together’ had become eroded – something which has become more obvious with every passing week, both politically and economically. Victoria has been the hardest hit state, but nowhere is unaffected, with a total of 3.16 million Australians (22.3% of the workforce nationally) either unemployed or under-employed. Up to this point, financial relief measures from government have cushioned the blow for many people, but with JobSeeker supplements and JobKeeper payments now reduced and set to end completely in coming months, the recession we are in and the damaging effects of the COVID-19 pandemic will be with us for a considerably time, regardless of developments into finding a vaccine".

CORPORATES
ROY MORGAN LIMITED

ANZ-Roy Morgan Consumer Confidence increases for eighth straight week, up 1.6pts to 99.7 – up in Sydney, Melbourne & Perth

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Oct-20

ANZ-Roy Morgan Consumer Confidence rose 1.6pts to 99.7 on the weekend of October 24/25. It is now 10.7pts lower than a year ago (110.4), but 5.6pts above the 2020 weekly average of 94.1. Consumer Confidence is also at its highest since March 14/15 (110.4), and it is up 9.5pts since ending August at 90.2. Now 26% (up 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 32% (down 1ppt) say their families are ‘worse off’ financially (the lowest figure for this indicator since March 14/15). In addition, 35% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 16% (down 2ppts) expect to be ‘worse off’ financially. Only 9% (unchanged) expect ‘good times’ for the Australian economy over the next 12 months, while 34% (down 2ppts) expect ‘bad times’ (the lowest figure for this indicator since early October 2019). Meanwhile, 36% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 31% (down 2ppts) say now is a ‘bad time to buy’ (the lowest figure for this indicator since June 20/21).

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

Travel industry eyes Consumer Confidence index as new report shows close link to holiday intentions

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Oct-20

Newly-released Roy Morgan data shows just how closely travel intentions are linked to Consumer Confidence. With gains in Confidence continuing, the Travel and Tourism industry will be hoping to see Australians’ holiday intentions start to climb out of the chasm caused by COVID-19. The latest Roy Morgan Leading Indicator: Holiday Travel Intention report shows that during the April to June quarter, a period in which the full scale of the pandemic’s effect was becoming apparent, 5.79 million Australians said they intended to take a holiday in the next 12 months. This is well under half the 13.2 million who had that intention in the equivalent quarter of 2019. The report measures intention to travel in the short- to mid-term, rather than simply recording past trips – by doing so it allows the industry to plan strategically. The data is drawn from Single Source, the country’s largest, deepest and longest-running repository of information on consumer behaviour. It shows that people’s intention to travel over the next 12 months is tightly linked to the confidence they are feeling in the overall economy.

CORPORATES
ROY MORGAN LIMITED

ANZ-Roy Morgan Consumer Confidence up 1.1pts to 93.5 as new cases of COVID-19 continue decline and restrictions ease in Country Victoria

Original article by Roy Morgan
Market Research Update – Page: Online : 23-Sep-20

ANZ-Roy Morgan Consumer Confidence rose 1.1pts to 93.5 on the weekend of September 19/20. It is now 16.6pts lower than a year ago (110.1) and just 0.2pts below the 2020 weekly average of 93.7. Consumer Confidence has now increased for three straight weeks and is up 3.3pts since hitting a low of 90.2 in late August. Now 23% (down 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. In addition, 34% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 19% (down 1ppt) expect to be ‘worse off’ financially. Only 7% (up 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 43% (down 4ppts) expect ‘bad times’. Meanwhile, 35% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 35% (unchanged) say now is a ‘bad time to buy’.

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

Consumer Confidence highest for L-NP supporters

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

New research into the weekly ANZ-Roy Morgan Consumer Confidence Index shows L-NP supporters have far higher Consumer Confidence in June at 103.3 than either ALP supporters (91.8) or Greens supporters (85.9). In fact, the Consumer Confidence of L-NP supporters has been consistently higher than either ALP or Greens supporters over the last year following the unexpected victory of the L-NP at last year’s Federal Election. Consumer Confidence for supporters of all three parties bottomed during the height of the national lockdown in April but the lowest Consumer Confidence for L-NP supporters, of 87.3 in April, was still higher than for Greens supporters during either of the last two months in both May and June. Consumer Confidence for ALP supporters hit a low of only 73.0 in April, lower than for supporters of either the L-NP or Greens. L-NP supporters have consistently been more confident than both ALP and Greens supporters across all five indicators of the index. The biggest contributors to the higher L-NP scores relate to views on the Australian economy and whether now is a good or bad time to buy major household items.

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

ANZ-Roy Morgan Consumer Confidence slips 0.9 pts to 90.7 but down 2.6pts to 84.8 in Melbourne as COVID-19 cases surge

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

ANZ-Roy Morgan Consumer Confidence dropped 0.9pts to 90.7 this week – and is now at its lowest for over two months since May 9/10, 2020 (90.3). The drop in Consumer Confidence was driven by a decline of 2.6pts in Melbourne to only 84.8. The Victorian capital is now well below the national average as it battles a renewed outbreak of COVID-19. Consumer Confidence in Adelaide (92.8) and Sydney (91.0) was also down, although both are slightly above the national figure. Perth is the most confident city in Australia with Consumer Confidence surging 7.3pts to 103.4 as the city welcomed the AFL and football crowds back on the weekend. Consumer Confidence is now 25.6pts lower than a year ago on the comparable weekend of July 20/21, 2019 (116.3) and 4.1pts below the 2020 weekly average of 94.8.

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