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

ANZ-Roy Morgan Consumer Confidence down to 108.0

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

ANZ-Roy Morgan Australian Consumer Confidence fell 0.9% to 108.0 in the week ended 15 December. Current financial conditions fell 1.5%, while future financial conditions gained 3.7%. Current economic conditions rose 1.6%, while future economic conditions were down 1.2%. The ‘time to buy a household item’ sub-index fell 6.4% and the four-week moving average of inflation expectations was up 0.1ppt to 4.0%.

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

ANZ-Roy Morgan Consumer Confidence up to 109.0 (corrected)

Original article by Roy Morgan
Market Research Update – Page: Online : 12-Dec-19

ANZ-Roy Morgan Australian Consumer Confidence rose 0.8% to 109.0 in the week ended 8 December – a second straight increase during the early weeks of December. In the run-up to Christmas the good news for retailers is that the ‘time to buy a household item’ index gained 1.9%, building on the previous week’s gain of 5.3% following the Black Friday and Cyber Monday sales. In addition consumers became more confident about their current personal financial situation with a 1% increase from a week ago, although there was a 3.9% drop in regards to future financial conditions over the next 12 months. Consumers have also become more confident about the performance of the Australian economy going forward with an increase of 3.9% for current economic conditions and an increase of 2.7% for future economic conditions, although both indicators remain below long-term averages. The four-week moving average of inflation expectations was down 0.1ppt to 3.9%, as the weekly reading softened to 3.9%.

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

ANZ-Roy Morgan Consumer Confidence up to 108.1

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Dec-19

ANZ-Roy Morgan Australian Consumer Confidence rose 0.8% to 109.0 in the week ended 8 December, continuing the upward momentum of the previous week. Households’ views towards current financial conditions rose 1%, while views towards future financial conditions fell 3.9%. Consumers’ views toward current economic conditions rebounded from a four-year low, rising 3.9%; views towards future economic conditions gained 2.7%, but both remain well below average. The ‘time to buy a household item’ index gained 1.9%, building on the previous week’s gain of 5.3%, although it remains well below its long-run average. The four-week moving average of inflation expectations was down 0.1ppt to 3.9%, as the weekly reading softened to 3.9%.

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

ANZ-Roy Morgan Consumer Confidence up to 108.1

Original article by Roy Morgan
Market Research Update – Page: Online : 4-Dec-19

ANZ-Roy Morgan Australian Consumer Confidence rose 1.2% to 108.1 in the week ended 1 December, its first gain in four weeks. Households’ views towards current financial conditions fell 1.6%, while views towards future financial conditions gained 4.2%. Consumers’ views toward current economic conditions declined 4.1% to its lowest point in four years; views towards future economic conditions gained 1%, although this comes after a cumulative loss of almost 10% over the prior two weeks. The ‘time to buy a household item’ index jumped 5.3%, albeit from a 10-year low in the previous reading. The four-week moving average of inflation expectations was up 0.1ppt to 4.0%, and the weekly reading jumped from 3.8% to 4.1%.

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

ANZ-Roy Morgan Consumer Confidence falls to 106.8

Original article by Roy Morgan
Market Research Update – Page: Online : 27-Nov-19

ANZ-Roy Morgan Australian Consumer Confidence fell 2.8% to 106.8 in the week ended 24 November, to its lowest level in more than four years. Weakness is across the board. Households’ views towards current financial conditions fell 0.1%, while views towards future financial conditions plunged 4.4%; current financial conditions are still above average, but future conditions are now below average. Consumers’ views toward current economic conditions fell 1.3% to a four-year low, and views towards future economic conditions declined 4.6% to an all-time low. The ‘time to buy a household item’ index was also at a multi-year low, falling 3.3%, but 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 down to 109.9

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

ANZ-Roy Morgan Australian Consumer Confidence fell 1.1% to 109.9 in the week ended 17 November. Households’ views towards current financial conditions fell 2.6%, while views towards future financial conditions declined by 4.9%; both these subindices are near their multi-year lows. However, consumers’ views toward current economic conditions rose 0.3% and views towards future economic conditions gained 0.2%. The ‘time to buy a major household item’ index gained 0.4% after falling 3.9% in the previous week. The four-week moving average of inflation expectations declined by 0.1ppt to 3.9% as the weekly reading fell to 3.8%, its lowest level since the end of June.

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

ANZ-Roy Morgan Consumer Confidence down to 111.1

Original article by Roy Morgan
Market Research Update – Page: Online : 13-Nov-19

ANZ-Roy Morgan Australian Consumer Confidence fell 2.1% to 111.1 in the week ended 10 November. Households’ views towards current financial conditions fell 3.2%, while views towards future financial conditions declined by 1.6%. Consumers’ views toward current economic conditions fell 1.6%, but views towards future economic conditions gained 0.3%. The ‘time to buy a major household item’ declined 3.9% after a gain of 1.3% in the previous week. The four-week moving average of inflation expectations remained stable at 4.0%, although the weekly reading saw an increase to back above 4%.

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