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.

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

ANZ-Roy Morgan Australian Consumer Confidence fell 0.5pts to 91.6 in the week to 11/12 July, and is now at its lowest level since May 9/10 (90.3). Consumer Confidence is now 24.3pts lower than a year ago (115.9) and 3.3pts below the 2020 weekly average of 94.9. Now 21% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 34% (down 3ppts) say their families are ‘worse off’ financially. Meanwhile, 34% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 18% (unchanged) expect to be ‘worse off’ financially. Just 7% (unchanged) expect ‘good times’ for the Australian economy over the next 12 months, while 48% (up 2ppts) expect ‘bad times’. In addition, 33% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 36% (unchanged) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ was stable at 3.2%.

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

ANZ-Roy Morgan Australian Consumer Confidence fell 0.9pts to 92.1 in the week to 4/5 July, to its lowest level since May 9/10 (90.3). Consumer Confidence is now 25.5pts lower than a year ago (117.6) and 2.9pts below the 2020 weekly average of 95.0. Now 23% (up 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 37% (up 2ppts) say their families are ‘worse off’ financially. Meanwhile, 35% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 18% (down 1ppt) expect to be ‘worse off’ financially. Just 7% (unchanged) expect ‘good times’ for the Australian economy over the next 12 months, while 46% (up 1ppt) expect ‘bad times’. In addition, 35% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 36% (up 2ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ was stable at 3.2%.

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Original article by Roy Morgan
Market Research Update – Page: Online : 1-Jul-20

ANZ-Roy Morgan Australian Consumer Confidence fell 4.5pts to 93.0 in the week to 27/28 June, and is now at its lowest since May 23/24 (92.7). Consumer Confidence is 25.9pts lower than a year ago (118.9) and 2.1pts below the 2020 weekly average of 95.1. Now 21% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year (the lowest figure for this indicator since May 9/10), while 35% (down 1ppt) say their families are ‘worse off’ financially. Meanwhile, 34% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator since April 25/26), and 19% (up 1ppt) expect to be ‘worse off’ financially. Just 7% (down 3ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 45% (up 5ppts) expect ‘bad times’. In addition, 36% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 34% (up 3ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ was stable at 3.2%.

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence was unchanged at 97.5 in the week to 21 June, although weakness was seen in three sub-indices compared to just one in the previous reading. Now 23% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 36% (up 1ppt) say their families are ‘worse off’ financially. Meanwhile, 35% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 18% (up 1ppt) expect to be ‘worse off’ financially. Just 10% (up 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 40% (up 2ppts) expect ‘bad times’. In addition, 38% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 31% (down 3ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ was stable at 3.2%.

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence rose 0.5% to 97.5 in the week to 14 June, after pausing the week before. Now 24% (up 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. Meanwhile, 38% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (unchanged) expect to be ‘worse off’ financially. Just 9% (unchanged) expect ‘good times’ for the Australian economy over the next 12 months, while 38% (down 2ppts) expect ‘bad times’. In addition, 37% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 34% (down 1ppt) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.2%. The weekly reading increased 0.2pts to 3.3%.

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Original article by Roy Morgan
Market Research Update – Page: Online : 11-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence fell 1.3% to 97.0 in the week to 7 June, after a nine-week run of consecutive gains. Now 22% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 34% (down 2ppts) say their families are ‘worse off’ financially. Meanwhile, 37% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (unchanged) expect to be ‘worse off’ financially. Just 9% (down 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 40% (down 2ppts) expect ‘bad times’. In addition, 37% (down 5ppts) of Australians say now is a ‘good time to buy’ major household items, while 35% (up 1ppt) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ fell 0.1ppt to 3.2%. The weekly reading remained unchanged at 3.1%.

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Original article by Roy Morgan
Market Research Update – Page: Online : 3-Jun-20

ANZ-Roy Morgan Australian Consumer Confidence rose 6% to 98.3 in the week to 31 May. The nine-week run is the most extended run of consecutive gains since the index changed to a weekly format in 2008. Now 24% (up 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 36% (unchanged) say their families are ‘worse off’ financially. Meanwhile, 38% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (also unchanged) expect to be ‘worse off’ financially. However, just 10% (up 4ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 42% (down 6ppts) expect ‘bad times’. In addition, 42% (up 7ppts) of Australians say now is a ‘good time to buy’ major household items, while 34% (down 4ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.3%. The weekly reading decreased to 3.1% from 3.2%.

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

ANZ-Roy Morgan Australian Consumer Confidence rose 2.2% to 92.3 in the week to 17 May. Now 24% (up 3ppts) of Australians say their families are ‘better off’ financially than this time last year, while 36% (down 4ppts) say their families are ‘worse off’ financially. Meanwhile, 37% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 20% (unchanged) expect to be ‘worse off’ financially. However, just 7% (up 1ppt) expect ‘good times’ for the Australian economy over the next 12 months, while 48% (up 2ppts) expect ‘bad times’. In addition, 34% (up 4ppts) of Australians say now is a ‘good time to buy’ major household items, while 40% (up 1ppt) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.4%. The weekly reading decreased to 3.3% from 3.5%.

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Original article by Roy Morgan
Market Research Update – Page: Online : 13-May-20

ANZ-Roy Morgan Australian Consumer Confidence rose 0.9% to 90.3 in the week to 10 May. Now 21% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 40% (up 1ppt) say their families are ‘worse off’ financially. Meanwhile, 36% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 20% (down 1ppt) expect to be ‘worse off’ financially. However, just 6% (down 2ppts) expect ‘good times’ for the Australian economy over the next 12 months, while 46% (down 2ppts) expect ‘bad times’. In addition, 30% (up 1ppts) of Australians say now is a ‘good time to buy’ major household items, while 39% (down 6ppts) say now is a ‘bad time to buy’. The four-week moving average for ‘inflation expectations’ remained unchanged at 3.4%. The weekly reading increased from 3.2% to 3.5%.

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