Original article by Roy Morgan
Market Research Update – Page: Online : 21-Jul-21

ANZ-Roy Morgan Consumer Confidence fell 5.7pts to 104.3 on July 17/18, after the Greater Sydney lockdown was extended until at least the end of July and Melbourne entered an unprecedented fifth lockdown late last week. Consumer Confidence is now sitting clearly below the 2021 weekly average of 110.9; however, it is still 13.6 points higher than the same week a year ago (90.7). Now 29% (up 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 28% (up 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 17% (up 3ppts) expect to be ‘worse off’ financially. Some 15% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 24% (up 6ppts) expect ‘bad times’ (the highest figure for this indicator since late November 2020). Meanwhile, 36% (down 7ppts) of Australians say now is a ‘good time to buy’ major household items, while 30% (up 6ppts) say now is a ‘bad time to buy’ – an overall swing of 13ppts and the worst result for this question since early November 2020.

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Original article by Roy Morgan
Market Research Update – Page: Online : 14-Jul-21

ANZ-Roy Morgan Consumer Confidence rose 2.2pts to 110.0 on July 10/11, after the Federal Government announced an increase in support to those impacted by the lockdown in Sydney. Consumer Confidence is now sitting just below the 2021 weekly average of 111.2; however, it remains 18.4 points higher than the same week a year ago (91.6). Now 27% (unchanged) of Australians say their families are ‘better off’ financially than this time last year, while 27% (also unchanged) say their families are ‘worse off’ financially. In addition, 39% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 14% (down 1 ppt) expect to be ‘worse off’ financially. Some 17% (up 1 ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 18% (down 1ppt) expect ‘bad times’. Meanwhile, 43% (up 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 24% (unchanged) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 7-Jul-21

ANZ-Roy Morgan Consumer Confidence fell 4.4pts to 107.8 on July 3/4, after multiple Australian cities were concurrently placed under lockdown. Consumer Confidence plunged in Sydney (down 10pts) and Brisbane (down 8.7pts) and is now sitting below the 2021 weekly average of 111.2; however, it remains 15.7 points higher than the same week a year ago (92.1). Now 27% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 27% (up 2ppts) say their families are ‘worse off’ financially. In addition, 37% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 15% (up 2ppts) expect to be ‘worse off’ financially. Some 16% (down 3ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 19% (up 4ppts) expect ‘bad times’. Meanwhile, 41% (down 4ppts) of Australians say now is a ‘good time to buy’ major household items, while 24% (unchanged) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 30-Jun-21

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 112.2 on June 26/27, although there were contrasting movements in Australia’s two largest cities; Sydney was down 4.6% while Melbourne increased 2.4% on a week ago as the city continued to recover from its recent lockdown. Consumer Confidence is just above the 2021 weekly average of 111.4, and 19.2pts higher than the same week a year ago (93). Now 28% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 25% (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 13% (down 3ppts) expect to be ‘worse off’ financially. Some 19% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 15% (up 2ppts) expect ‘bad times’. Meanwhile, 45% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 24% (unchanged) say now is a ‘bad time to buy’. Interviewing this week was largely conducted before the Sydney-wide lockdown began on Saturday night and before many restrictions and border closures were announced in other States.

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Original article by Roy Morgan
Market Research Update – Page: 3 : 23-Jun-21

ANZ-Roy Morgan Consumer Confidence rose 1.4pts to 112.4 on June 19/20, as Melbourne’s lockdown restrictions eased further. This week’s small increase was driven by more Australians saying they are ‘better off’ financially than this time a year ago and more Australians expecting ‘good times’ for the Australian economy over the next 12 months. Consumer Confidence is now above the 2021 weekly average of 111.3 and is 14.9pts higher than the same week a year ago. Looking at future conditions, over a fifth of Australians, 22% (up 1ppt), are expecting ‘good times’ for the economy over the next five years compared to only 13% (up 1ppt) expecting ‘bad times’. A decreasing plurality of Australians, 42% (down 3ppts), say now is a ‘good time to buy’ major household items while 24% (down 1ppt) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-21

ANZ-Roy Morgan Consumer Confidence rose 0.3pts to 111.0 on June 12/13, after Melbourne’s two-week lockdown ended, although restrictions remain including a 25km travel limit. Consumer Confidence is just below the 2021 weekly average of 111.3, but it is 13.5pts higher than the same week a year ago (97.5). Now 27% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 28% (up 2ppts) say their families are ‘worse off’ financially. In addition, 39% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 15% (up 1ppt) expect to be ‘worse off’ financially. Some 18% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 15% (down 3ppts) expect ‘bad times’. Meanwhile, 45% (up 4ppts) of Australians say now is a ‘good time to buy’ major household items, while 25% (unchanged) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 9-Jun-21

ANZ-Roy Morgan Consumer Confidence fell 0.7pts to 110.7 on June 5/6,after Melbourne’s lockdown was extended into a second week. Consumer Confidence is now just below the 2021 weekly average of 111.3, but it is 13.7pts higher than the same week a year ago (97.0). Now 29% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 26% (unchanged) say their families are ‘worse off’ financially. In addition, 40% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 14% (down 2ppts) expect to be ‘worse off’ financially. Some 20% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 18% (up 3ppts) expect ‘bad times’. Meanwhile, 41% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 25% (up 1ppt) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 26-May-21

ANZ-Roy Morgan Consumer Confidence rose 1.7pts to 114.2 on May 22/23. Consumer Confidence is now 3pts above the 2021 weekly average of 111.3, and it is 21.5pts higher than the same week a year ago (92.7). Now 31% (up 3ppts) of Australians say their families are ‘better off’ financially than this time last year, while 23% (down 2ppts) say their families are ‘worse off’ financially (the lowest figure for this indicator since February 2020). In addition, 41% (up 4ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 14% (unchanged) expect to be ‘worse off’ financially. Some 20% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 15% (up 1ppt) expect ‘bad times’. Meanwhile, 44% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 23% (up 1ppt) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-Apr-21

ANZ-Roy Morgan Consumer Confidence fell 1.6pts to 112.4 on April 24/25. Despite the fall, Consumer Confidence is still above the 2021 weekly average of 111.0 and 27.4pts higher than the same week a year ago (85.0). Now 28% (up 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 26% (up 1ppt) say their families are ‘worse off’ financially. In addition, 37% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 13% (unchanged) expect to be ‘worse off’ financially. Some 21% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 15% (unchanged) expect ‘bad times’. Meanwhile, 44% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 23% (down 1ppt) say now is a ‘bad time to buy’ (the lowest figure for this indicator since March 1, 2020).

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Original article by Roy Morgan
Market Research Update – Page: Online : 21-Apr-21

ANZ-Roy Morgan Consumer Confidence fell 0.1pts to 114.0 on the weekend of April 17/18. Consumer Confidence has remained well above the 2021 weekly average of 110.9, and it is now 29.8pts higher than the same week a year ago (84.2). Now 27% (down 4ppts) of Australians say their families are ‘better off’ financially than this time last year, while 25% (unchanged) say their families are ‘worse off’ financially. In addition, 39% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 13% (unchanged) expect to be ‘worse off’ financially. Some 23% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months (the highest figure for this indicator since March 1, 2020), while 15% (down 1ppt) expect ‘bad times’ (the lowest figure for this indicator since October 2010). Meanwhile, 44% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 24% (down 1ppt) say now is a ‘bad time to buy’.

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