ANZ-Roy Morgan Consumer Confidence remains elevated at 119.6 pre-Budget

Original article by Roy Morgan
Market Research Update – Page: Online : 9-May-18

ANZ-Roy Morgan Australian Consumer Confidence rose 0.3% to 119.6 in the week ended 5 May, to its highest level in 13 weeks. The details were mixed, with a solid rise in "time to buy a household item" offset by falls in three of the remaining sub-indices. Households’ views toward current financial conditions eased 0.8%, following a 1.7% rise previously. Views towards future conditions declined 3.2%, after three straight weekly gains. Both sub-indices remain above their long term averages. Consumers were less optimistic about year-ahead economic conditions, with sentiment dipping 0.9%, ending the streak of five consecutive weekly gains. Meanwhile, views towards future conditions rose 1.2%, entirely reversing the previous week’s 0.7% decline.

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

ANZ-Roy Morgan Consumer Confidence in third consecutive rise up 0.8pts to 119.2

Original article by Roy Morgan
Market Research Update – Page: Online : 2-May-18

ANZ-Roy Morgan Australian Consumer Confidence rose 0.7% to 119.2 in the week ended 29 April, its highest value in 11 weeks. Households’ views toward current financial conditions bounced 1.7% following a 2.4% decline previously. Views towards future conditions edged up 0.2%, the third straight weekly increase. Both sub-indices remain above their long-term averages. Consumers continued to be optimistic about year-ahead economic conditions, with sentiment rising a solid 3.9% after a similar rise in the previous week. Views towards future conditions were more restrained. This sub-index slipped 0.7%, partially reversing the previous week’s 3.2% rise. The "time to buy a household item" sub-index eased 0.9% off a solid 4.1% bounce previously. Inflation expectations remained steady at 4.4% on a weekly basis.

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

ANZ-Roy Morgan Australian Consumer Confidence bounces, up 0.9pts to 116.0

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

ANZ-Roy Morgan Australian Consumer Confidence rose 0.8% to 116.0 in the week ended 15 April, ending a string of weekly declines. Although the headline increase was modest, the detail was more encouraging, with four out of five sub-indices posting gains. Views towards current financial conditions rose 4.6%, after three successive falls. Views towards future conditions bounced 3.5%, entirely reversing the previous week’s fall. Sentiment toward both current and future economic conditions continued to recover, rising 0.5% and 0.9% respectively, following similar gains in the previous week. The current conditions sub-index has risen to 103.9 after falling to its long-term average of 101.9 in the last week of March.

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

Consumer Confidence & Business Confidence start 2018 on a high

Original article by Roy Morgan
Market Research Update – Page: Online : 16-Apr-18

Roy Morgan Business Confidence and ANZ-Roy Morgan Consumer Confidence have both begun 2018 on a high, recording their highest ratings for the March quarter in several years. Roy Morgan Business Confidence for the March quarter 2018 was recorded at 119.7, up 5.7pts on a year ago. This is the highest Business Confidence rating for the March quarter since 2014, when Business Confidence was an impressive 123.2 for the opening months of 2014. ANZ-Roy Morgan Consumer Confidence has almost matched its fellow confidence measure, recording a confidence rating of 119.4 for the March quarter 2018, up 3.2pts on a year ago. This makes 2018 the best start to a year for Consumer Confidence since the March quarter 2013, when Consumer Confidence averaged 120.6 for the first three months of that year. Roy Morgan CEO Michele Levine says the improved political performance of the Turnbull Government in the two latest Morgan Polls and the positive start to 2018 for both Roy Morgan Business Confidence and ANZ-Roy Morgan Consumer Confidence mean next month’s Federal Budget presents a clear opportunity for Treasurer Scott Morrison to set the Government on the path to a strong performance at the next Federal election.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MORGAN POLL, AUSTRALIA. DEPT OF THE TREASURY

ANZ-Roy Morgan Consumer Confidence falters amidst market fears, down 1.9pts to 115.5

Original article by Roy Morgan
Market Research Update – Page: Online : 5-Apr-18

ANZ-Roy Morgan Australian Consumer Confidence fell 1.6% to 115.5 in the week ended 1 April, on the back of a 0.9% decline the prior week. Views towards current economic conditions edged up 0.7% to 102.5, and sentiment around future economic conditions fell for the second straight week, down another 1.1%. Households’ views towards current financial conditions slipped 0.8% following a 3.1% decline previously. Consumers were also pessimistic about future financial conditions, with a fall of 2.3% unwinding much of the 2.8% rise in the previous week.

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

ANZ-Roy Morgan Consumer Confidence down 1.1pts to 117.4

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Mar-18

ANZ-Roy Morgan Australian Consumer Confidence fell 0.9% to 117.4 in the week ended 25 March, following a 2.2% bounce previously. Views towards current economic conditions deteriorated by 6.8% to 101.9, its lowest value in 18 weeks. Future economic conditions were also hit, falling 3.6% to 108.7, a five-week low. Households’ views towards current financial conditions fell 3.1%, partially unwinding the 6.4% rise previously. Meanwhile, consumers were more optimistic about future financial conditions, which rose 2.8% to 130.2 – its highest since February 2017.

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

ANZ-Roy Morgan Consumer Confidence up 2.5pts to 118.5

Original article by Roy Morgan
Market Research Update – Page: Online : 21-Mar-18

ANZ-Roy Morgan Australian Consumer Confidence rose 2.2% to 118.5 in the week ended 8 March, largely reversing the previous 2.5% decline. The improvement in sentiment was broad based, with households particularly optimistic about near-term financial conditions. Views towards current economic conditions edged up 0.3%. This subindex remains well above its long-term average. Sentiment around future conditions rose 1.2%, undoing much of the 1.9% decline in the previous week. Household sentiment towards current and future financial conditions improved materially (6.4% and 2.6% respectively), following consecutive falls in the two previous weeks.

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

ANZ-Roy Morgan Australian Consumer Confidence down 3pts to 116.0 after poor GDP result

Original article by Roy Morgan
Market Research Update – Page: Online : 14-Mar-18

ANZ-Roy Morgan Australian Consumer Confidence fell 2.5% to 116 in the week ended 11 March, partially unwinding gains over the previous two weeks. The fall was broad-based, with households particularly pessimistic about current financial conditions. Views towards current economic conditions declined 3.5%, partially reversing the previous 5.1% rise. Sentiment around future conditions slipped 1.9%. The future conditions index still remains well above the levels seen for most of 2017, although it has slipped below its long-run average. Households’ pessimism towards financial conditions extended the previous week’s move, with the current and future sub-indices falling 5.5% and 1.0%, bringing them to five and 14-week lows respectively.

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

ANZ-Roy Morgan Australian Consumer Confidence Rating up 0.9% to 119.0

Original article by Roy Morgan
Market Research Update – Page: Online : 7-Mar-18

ANZ-Roy Morgan Australian Consumer Confidence rose 0.9% to 119.0 in the week ended 4 March. The result was mixed, with two of five sub-indices showing declines. Sentiment about current economic conditions remained strong, with a rise of 5.1% on a weekly basis. Future economic sentiment was up 0.9%, following a strong gain of 6.0% in the previous reading. Both indices remain above or close to their long run averages. Views about financial situations deteriorated a touch after strong readings over the previous week. The future financial situation sub-index fell 0.7%, while current financial conditions dropped 1.0% to 109.3.

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

ANZ-Roy Morgan Australian Consumer Confidence up 2.3% to 117.9

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Feb-18

ANZ-Roy Morgan Australian Consumer Confidence rose 2.3% to 117.9 in the week ended 25 February, partially recovering from the 3.5% fall the previous week. The details were broadly positive, with four out of five sub-indices posting gains. Views towards current economic conditions firmed 0.4% after sharp losses in the previous two weeks. While views toward current economic conditions have only stabilised after these falls, they remain above their-long term average. Consumers were more optimistic about future conditions, with this sub-index bouncing 6% and almost offsetting the 8.8% drop in the previous week. Views towards current finances jumped 6%, bringing the sub-index to a six-week high of 110.4. The recovery in sentiment around future conditions was more modest (1.5%), offsetting the 1.3% fall in the previous week.

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