CONSUMER CONFIDENCE – AUSTRALIA

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

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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

Indonesians and New Zealanders more confident than Australians

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Original article by Roy Morgan
Market Research Update – Page: Online : 26-Feb-18

In early 2018 Consumer Confidence in Indonesia and New Zealand is higher than mutual neighbour Australia. Indonesian Consumer Confidence ended 2017 at 155.4, and it is almost 30pts above the latest ANZ-Roy Morgan New Zealand Consumer Confidence Rating of 126.9 in January, and more than 40pts higher than the latest ANZ-Roy Morgan Australian Consumer Confidence Rating of 115.3. Indonesian Consumer Confidence soared following the Global Financial Crisis in 2008-09 and has been consistently higher than either Australia or NZ since late 2010. In fact, Indonesian Consumer Confidence has not dipped below 140 since April 2012 (139.6) and it reached a high of 161.4 in August and November 2014, when current President Joko Widodo was elected (July 2014) and inaugurated three months later. New Zealand Consumer Confidence has also been consistently higher than in Australia in the last four years. Since September 2013 New Zealand Consumer Confidence has been higher than in Australia in 50 out of 52 months and more than 10pts higher for two long periods in particular: November 2013 to June 2015 and November 2016 to the present. New Zealand Consumer Confidence reached a recent high of 129.9 in September 2017 as New Zealanders went to the polls. In contrast, Australian Consumer Confidence has lagged its neighbours for much of the past half-decade after an initially strong recovery from the Global Financial Crisis of 2008-09 with the impact of the "Mining Boom" peaking in 2010-2011.

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ROY MORGAN LIMITED

ANZ-Roy Morgan Australian Consumer Confidence down again by 3.5% to 115.3

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

ANZ-Roy Morgan Australian Consumer Confidence fell 3.5% to 115.3 in the week ended 18 February, following a 2.6% decline in the previous week. For the second straight week all sub-indices posted declines, with sentiment around economic conditions dropping sharply. Views towards current economic conditions fell 5.5%, on the back of a 6% decline previously, bringing the sub-index to an eight-week low of 107.0. Similarly, perceptions of future economic conditions took an 8.8% dive to a 13-week low of 106.3. Views towards current and future conditions fell 1.6% and 1.3% respectively, following a 2.6% and 1.8% fall previously. That said, both indices remain above their long-term averages.

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

ANZ-Roy Morgan Consumer Confidence returns to uptrend, up 1.3% to 120.9

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Original article by Roy Morgan
Market Research Update – Page: Online : 31-Jan-18

ANZ-Roy Morgan Australian Consumer Confidence rose 1.3% to 120.9 in the week ended 28 January. Results were mixed at a disaggregated level, with three out of five sub-components showing an increase. Consumers grew more optimistic about both current and future economic conditions, with the indices rising by 4.0% and 4.2% respectively. Both series reversed losses from the previous week and are sitting comfortably above their long-term averages. Indeed, sentiment toward future economic conditions is the highest since late 2013. Views towards financial conditions were mixed, with the current sub-index extending its losses from the previous week, falling a further 1.6% to 103, while future finances rose slightly by 0.5% to 126.8 after two consecutive weekly falls.

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

Consumers are in surprisingly sunny mood

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Original article by Sue Mitchell
The Australian Financial Review – Page: 41 : 25-Jan-18

UBS forcasts that Australian retail sales will rise by 2.6 per cent overall in 2018, while growth in discretionary spending is expected to slow to just two per cent. Craig James of CommSec notes that consumers were upbeat leading into 2018, citing factors such as historically low interest rates, the strong growth in jobs in 2017 and the recent rise in the value of the Australian dollar. However, the ANZ/Roy Morgan Consumer Confidence index has eased 3.3 per cent to 119.9, although consumer confidence is still higher that its long-term average of 112.9.

CORPORATES
COMMONWEALTH SECURITIES LIMITED, ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, DEUTSCHE BANK AG, NONI B LIMITED – ASX NBL, ADAIRS LIMITED – ASX ADH, LOVISA HOLDINGS LIMITED – ASX LOV, RETAIL FOOD GROUP LIMITED – ASX RFG, THE PAS GROUP LIMITED – ASX PGR, AUSTRALIAN PHARMACEUTICAL INDUSTRIES LIMITED – ASX API, PRICELINE PHARMACY, MICHAEL HILL INTERNATIONAL LIMITED – ASX MHJ, EMMA AND ROE, KATHMANDU HOLDINGS LIMITED – ASX KMD, ARNHEM INVESTMENT MANAGEMENT PTY LTD

ANZ-Roy Morgan Consumer Confidence pulls back after three consecutive increases

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jan-18

ANZ-Roy Morgan Australian Consumer Confidence fell 3.3% to 119.4 in the week ended 21 January, following three consecutive strong reports. The fall was broad based, with views towards current finances leading the pullback. The current finances sub-index fell a sharp 9.1% to 104.7, partially unwinding gains over the previous three weeks. In comparison, views towards future finances fell a more modest 2.2%, following a 0.2% decline in the week prior. Despite the weekly falls, both sub-indices sit above their long-term average. Households’ pessimism also extended towards the economic outlook. Views around current and future economic conditions dipped 3.6% and 1.3% respectively, although both sub-indices remain elevated compared to recent lows.

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

ANZ-Roy Morgan Australian Consumer Confidence ends 2017 on a high at 116.5

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

ANZ-Roy Morgan Australian Consumer Confidence rose 1.2% to 116.5 in the week ended 17 December. The details were positive, with all sub-indices except "time to buy a household item" posting gains. Sentiment towards both current and future economic conditions rose for the third straight week (2.4% and 1.1% respectively). This and other gains are indicative of the sustained turnaround in overall sentiment since the low for the year in August. Views towards current financial conditions jumped a solid 3.6%, more than offsetting the 2.7% fall previously. Views towards future financial conditions improved 0.5%, following a 2.8% fall in the previous week. Both sub-indices currently sit above their long-term averages.

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

ANZ-Roy Morgan Australian Consumer Confidence still above average at 115.1 after 0.6% fall

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Original article by Roy Morgan
Market Research Update – Page: Online : 13-Dec-17

ANZ-Roy Morgan Australian Consumer Confidence slipped 0.6% to 115.1 in the week ended 10 December, effectively unwinding the 0.7% gain in the previous week, but remaining above its long-run average. The details were mixed; sentiment around financial conditions declined, but the remaining indexes posted small gains. Households continue to remain upbeat about both current and future economic conditions, with the sub-indices up 0.9% and 0.8% respectively. In four-week moving average terms, views towards current economic conditions are at their highest point since late 2013. Views towards current financial conditions fell 2.7%, more than reversing the 1.7% gain previously, and bringing the sub-index to a six-week low. Views towards future financial conditions fell 2.8%. Even so, both sub-indices currently sit above their long-term averages.

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

Indonesians are far more confident than their Australian neighbours

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Original article by Roy Morgan
Market Research Update – Page: Online : 8-Dec-17

Consumer Confidence in Australia and its largest neighbour Indonesia has diverged massively since the height of the Australian mining boom in 2010-11. Indonesian Consumer Confidence soared following the Global Financial Crisis in 2008-09, and while the ANZ-Roy Morgan Australian Consumer Confidence Rating improved significantly it has never reached the heights of its northern neighbour. In October 2017 Roy Morgan Indonesian Consumer Confidence was at 153.8, more than 40pts above the figure for ANZ-Roy Morgan Australian Consumer Confidence for the same month of 113.3, although Australian Consumer Confidence has improved slightly over the past few weeks and is now at 115.8. However, in the years 2007-2010 Consumer Confidence in Australia and Indonesia was relatively similar and Australian Consumer Confidence was in fact higher throughout 2007, only dipping below Indonesian Consumer Confidence in mid-2008 as it reached a quarterly low of 94.4 in the December 2008 quarter.

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

ANZ-Roy Morgan Australian Consumer Confidence moderates after recent strength down 1.4pts to 115.0

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Nov-17

ANZ-Roy Morgan Australian Consumer Confidence declined in the week ending 26 November, easing 1.2% to 115.0. However, confidence remains above the long term average of 112.9. Three out of five sub-indices posted falls, including both current and future economic conditions. Households’ views towards both current and future economic conditions slipped 3.4% and 3.3% respectively, after two weeks of solid gains. Household views toward the state of their current finances slipped for the fourth consecutive week, down 2.3%, while sentiment around the ‘time to buy a household item’ improved 0.5%, bringing this sub-index back to its long term average (133.8).

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