CONSUMER CONFIDENCE – AUSTRALIA

Michele Levine, CEO of Roy Morgan Research, comment on improving Consumer Confidence – up 3.2pts to 118.6

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 7-Dec-16

ANZ-Roy Morgan Consumer Confidence has improved strongly this week driven by rising confidence about personal financial situations and that now is a good time to buy major household items. The improvement in Consumer Confidence is matched by the increase in Roy Morgan November Business Confidence – now at 116.7 – its highest since the Federal Election. Both measures have improved despite the election victory of Donald Trump in the US, which many suggested would cause problems for the global economy. Of course, Trump is not yet in office, so will President Trump stand by his campaign promises or move away from them as President? The major test for Trump is whether he can convince the Federal Reserve not to raise interest rates whilst real unemployment and under-employment in America (well over 20%) is clearly higher than the "unbelievable" figures released by the US Bureau of Labor Statistics showing US unemployment of only 4.6% in November. In addition, Trump’s stance on US free-trade "deals" will be particularly important to the Australian economy which has benefited from free-trade agreements with important trading partners like China, Japan and South Korea. If Trump increases trade barriers with important Australian trading partners this will obviously impact on Australian Business Confidence which so far has been steady since the Trump victory.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNITED STATES. FEDERAL RESERVE BOARD

ANZ-Roy Morgan Australian Consumer Confidence stabilises at 115.4

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Nov-16

ANZ-Roy Morgan Australian Consumer Confidence edged 0.1% lower to 115.4 in the week ended 28 November 2016, with the decline driven by a deterioration in households’ view of their finances. Providing some offset was an improvement in households’ views of the economic outlook. Households’ views of their finances compared to a year ago fell 1.5%, largely reversing the gain over the previous week. Meanwhile, households’ view of their future finances dropped 0.9%. In contrast, after a sharp drop the previous week, households’ views on economic conditions over the next 12 months edged 0.7% higher, while households’ view on the economic outlook in the next five years bounced a solid 3.1%.

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

ANZ-Roy Morgan Australian Consumer Confidence Rating falls 2.3% to 115.5

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Nov-16

ANZ-Roy Morgan Australian Consumer Confidence fell 2.3% to 115.5 in the week ended 20 November 2016, after a 0.3% rise the previous week. The fall was driven primarily by a decline in households’ views on the economic outlook. Their views on financial conditions, on the other hand, have improved. Households’ views on economic conditions over the next 12 months and five years fell a sharp 5.6% and 7.5% respectively, partially reversing the gain over the past three weeks.. Households’ views towards their finances compared to a year ago rose 2.1% this week after a 0.8% fall the previous week. Meanwhile, households’ views towards their future finances remained unchanged after a 1.2% fall last week. Both sub-indices remain well above their long run averages.

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

ANZ-Roy Morgan Australian Consumer Confidence Rebounds – up 3.7pts to 117.8

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Nov-16

ANZ-Roy Morgan Australian Consumer Confidence rose 3.2 per cent to 117.8 in the week ended 7 November 2016, entirely offsetting the decline over the previous two weeks. The bounce in consumer confidence was underpinned by a strong rise in the economic outlook sub-indices. Households’ view on economic conditions over the next 12 months jumped a sharp 7.8 per cent while views towards economic conditions over the next five years rose 5.2 per cent. Meanwhile, consumers’ views towards their finances compared with a year ago rose a solid 3.0 per cent, while households’ views towards their current finances edged 1.7 per cent higher

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

ANZ-Roy Morgan Australian Consumer Confidence edges higher, but details remain soft

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Nov-16

ANZ-Roy Morgan Australian Consumer Confidence edged 0.4% higher in the week ending 30 October 2016, after a sharp fall in the previous week. Consumers’ views towards their future finances bounced a solid 4.3%, but that only partially offset the sharp drop the previous week. Meanwhile, views towards finances compared to a year ago declined for the fifth week in a row, down 1.1%. Households’ view on the economic conditions over the next 12 months dipped a sharp 3.2%, while views towards economic conditions over the next 5 years fell 1.6%.

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

ANZ-Roy Morgan Australian Consumer Confidence drops 3.6% to 113.6

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Oct-16

ANZ-Roy Morgan Australian Consumer Confidence fell 0.3 per cent to 113.6 in the week ended 23 October 2016. The fall was largely driven by a deterioration in consumers’ views toward future financial and economic conditions. Consumers’ views towards their current finances edged down 0.2 per cent, while views towards finances over the next 12 months dropped 7.1 per cent. Households’ views of current economic conditions fell 2.7 per cent, while views towards economic conditions over the next five years fell 4.9 per cent.

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

ANZ-Roy Morgan Australian Consumer Confidence rises 0.3% to 117.8

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 19-Oct-16

ANZ-Roy Morgan Australian Consumer Confidence edged up 0.3 per cent to 117.8 in the week ended 16 October 2016, reversing the 0.3 per cent fall last week. While the headline index has changed little over the past two weeks, there has been considerable variation in the sub-indices. Consumers’ views towards their current finances fell by 2.4 per cent, while views towards future finances rose one per cent. Households’ views of the 12-month economic outlook rose by 0.4 per cent, while views of the five-year economic outlook rose by 0.1 per cent.

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

ANZ-Roy Morgan Australian Consumer Confidence edges down 0.3% to 117.5

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Oct-16

ANZ-Roy Morgan Australian Consumer Confidence fell by 0.3 per cent to 117.5 in the week ended 9 October 2016, following a 2.2 per cent fall last week. The report was mixed – indicators of current conditions fell slightly while forward-looking indicators posted gains. Consumers’ views towards their current finances fell by 0.6 per cent, while views towards future finances rose 0.7 per cent. Households’ views of the 12-month economic outlook fell by 1.5 per cent, while views of the five-year economic outlook rose by 0.7 per cent.

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

ANZ-Roy Morgan Australian Consumer Confidence falls 2.2% to 117.9

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Oct-16

ANZ-Roy Morgan Australian Consumer Confidence fell by 2.2 per cent to 117.9 in the week ended 2 October 2016, unwinding part of last week’s rise. The fall in the index was broad based, with each sub-index posting a small decrease. Consumers’ views towards their current and future finances fell by 2.7 per cent and 1.4 per cent respectively. Households’ views of the 12-month economic outlook fell by 2.1 per cent, while views of the five-year economic outlook fell by 1.4 per cent.

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

ANZ-Roy Morgan Australian Consumer Confidence jumps 4.4% (5.1pts) to 120.6

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Sep-16

ANZ-Roy Morgan Australian Consumer Confidence rose by 4.4 per cent to 120.6 in the week ended 25 September 2016, more than offsetting the previous week’s decline. The improvement in confidence was broadly based. Consumers’ views towards their current and future finances rose by 5.4 per cent and 4.0 per cent respectively. Households’ views of the 12-month economic outlook rose by 6.0 per cent, while views of the five-year economic outlook improved by 3.6 per cent.

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