ANZ-Roy Morgan Australian Consumer Confidence edges lower again to 111.8 (down 0.6pts)

Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Jun-17

ANZ-Roy Morgan Australian Consumer Confidence edged 0.5% lower to 111.8 in the week ended 25 June 2017, down for the second week in a row. The sub-indicators continue to show volatility. Households’ views around current financial conditions were largely unchanged (down 0.2%), while views towards future conditions fell 1.7%, following four consecutive weeks of gains. Households’ confidence in future economic conditions ticked 0.4% lower last week, while expectations of current economic conditions edged 2.4% higher, up for the second consecutive week.

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

ANZ-Roy Morgan Australian Consumer Confidence stability masks volatility in the sub-indices – down 0.5pts to 112.4

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

ANZ-Roy Morgan Australian Consumer Confidence fell 0.4 per cent to 112.4 in the week ended 18 June 2017. Broadly, though, confidence has recovered from the mid-May low. That said, there continues to be significant volatility between sub-indices. Households’ expectations of current economic conditions edged up 0.6%, after a 5.2% decline the previous week. However, households’ confidence in future economic conditions rose 2.8%, more than offsetting the 2.6% fall in the previous week. Meanwhile, households’ views around current financial conditions dropped 8.1%, unwinding most of the 9.4% jump in the previous week. Views towards future conditions edged up 0.2%. This sub-index is at its highest point in seven weeks.

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

ANZ-Roy Morgan Australian Consumer Confidence steady at 112.9

Original article by Roy Morgan Research
Market Research Update – Page: Online : 15-Jun-17

ANZ-Roy Morgan Australian Consumer Confidence remained unchanged at 112.9 in the week ended 11 June 2017, following the release of the disappointing GDP result for the March quarter. The headline number masked significant changes in the sub-indices. Household expectations of current economic conditions dropped a sharp 5.2% last week, almost entirely unwinding gains made over the last three weeks. Views towards future economic conditions also declined 2.6%, following a 3.2% fall in the previous week. This sub-index currently sits at its lowest level since September 2015. However, household views around current financial conditions jumped 9.4%, bringing the index to its highest level in 14 weeks. Views towards future conditions also improved, rising 1.5% last week following a 2.7% rise the previous week.

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

ANZ-Roy Morgan Australian Consumer Confidence: still rising

Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Jun-17

ANZ-Roy Morgan Australian Consumer Confidence rose 0.6% to 112.9 in the week ended 4 June 2017, bringing the weekly index back to its long-term average. This is the longest sustained rise in confidence this year. Households’ expectations of current economic conditions improved 1.4% last week, following a solid 3.5% rise the previous week. Meanwhile, views of future economic conditions declined 3.2% last week, partially offsetting the 4.6% rise in the previous week. Households’ views around current financial conditions edged down 0.4%. However, views towards future conditions bounced 2.7%, more than offsetting the 1.7% fall the previous week.

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

ANZ-Roy Morgan Australian Consumer Confidence Rating up for the second straight week to 112.2 (up 1.5%)

Original article by Roy Morgan Research
Market Research Update – Page: Online : 31-May-17

ANZ-Roy Morgan Australian Consumer Confidence rose 1.5% to 112.2 in the week ended 28 May 2017, bringing the index back to levels before the Commonwealth Budget. The improvement in confidence was mixed – sentiment towards financial conditions deteriorated somewhat, while views around economic conditions rose solidly. Households’ expectations towards both current and future economic conditions bounced last week (3.5% and 4.6% respectively), after posting modest rises the previous week. Sentiment towards current economic conditions is at its highest value in seven weeks. Households’ views around current financial conditions were broadly flat (-0.1%). Meanwhile, views towards future conditions dropped 1.7%, offsetting the 1.5% rise in the previous week. Confidence in overall financial conditions has fallen sharply since the Commonwealth Budget, unwinding the modest recovery in April.

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

ANZ-Roy Morgan Australian Consumer Confidence up 1.1pts to 110.5

Original article by Roy Morgan Research
Market Research Update – Page: Online : 24-May-17

ANZ-Roy Morgan Australian Consumer Confidence rose 1.0% to 110.5 in the week ended 21 May 2017, to remain somewhat below its long-term average. The improvement in confidence was broad-based, with four out of five indices rising. Households’ expectations towards both current and future economic conditions rose 0.9% and 0.6% respectively. Meanwhile, households’ views towards future financial conditions rose 1.5%.

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

Budget tax increases will always lead to a lower Consumer Confidence explains Gary Morgan, Executive Chairman, Roy Morgan Research

Original article by Gary Morgan, Roy Morgan Research
Market Research Update – Page: Online : 17-May-17

This week’s drop in Consumer Confidence follows the Federal Budget considered by many conservatives to be "Labor-lite" and considered by those on the left to be unfair on low income earners. The Turnbull Government chose to increase taxes on consumers – by increasing the Medicare levy – rather than cutting spending; and to increase taxes on Australia’s largest banks, which could lower their share prices and lead to the banks increasing interest rates on the loans they provide to consumers and businesses alike. The budget was followed by decreases in four out of the five indices that comprise Consumer Confidence. Household financial expectations compared to a year ago dropped a net 3.2ppts, expectations for the Australian economy over the next year dropped by a net 3.9ppts and expectations for the Australian economy over the next five years dropped a net 5.5ppts. The only increase recorded was in the number of people saying now is a good time to buy.

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

ANZ-Roy Morgan Consumer Confidence resumes its downward trend – down 2.6% to 109.4

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

The latest headline ANZ-Roy Morgan Australian Consumer Confidence index dropped sharply, falling 2.6% this week. The index now sits at 109.4 – the lowest level since September 2015. The four week moving average continued to trend lower, and is now 1.6% below its long run average. Four of the five indices registered sharp declines. Households’ expectations towards their long term economic conditions posted the sharpest fall, down 5.5% over the week. This offset the previous two consecutive weekly gains. Views about current economic conditions fell by 3.9%, but remain slightly above April’s low.

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

ANZ-Roy Morgan Australian Consumer Confidence unchanged ahead of the budget

Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-May-17

ANZ-Roy Morgan Australian Consumer Confidence was virtually unchanged in the week ending 29 April 2017, rising from 111.2 to 111.3. Consumer confidence is now just below its long-run average. The uptick in confidence was underpinned by some improvement in households’ views towards the economic outlook. After falling sharply the previous week, households’ expectations for economic conditions in the next 12 months rose 2.0%, while expectations for economic conditions over the next five years rose 0.7%. Households’ views towards their finances were mixed: sentiment about current finances rose 2.6%, while views about future finances fell 3.6%.

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

ANZ-Roy Morgan Australian Consumer Confidence declines for the second week in a row – down 1.4pts to 111.2

Original article by Roy Morgan Research
Market Research Update – Page: Online : 27-Apr-17

Headline ANZ-Roy Morgan Australian Consumer Confidence fell 1.24% to 111.2 in the week ended 23 April 2017, below its long run average. Households’ views towards their current finances fell 1.2%, while views about future finances fell 0.6%. Households’ expectations for economic conditions next year fell 5.3% taking the index to its lowest level since February 2016. Expectations for economic conditions over the next five years rose by 0.2%, but are still close to the lowest level for 2017.

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