ANZ-Roy Morgan Australian Consumer Confidence trend decline resumes, down 2.7pts to 111.1

Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Apr-17

ANZ-Roy Morgan Australian Consumer Confidence fell 2.4% to 111.1 in the week ended 2 April 2017, its lowest value since October 2015. The four-week average now stands at 112.5, falling below its long-term average for the first time since February 2016. The fall in confidence was broad based, with four out of the five sub-indices recording declines. Expectations for economic conditions for next year fell sharply, with the index falling by 5.4% to the lowest this year. Households’ views towards their current finances fell by 2.8%, while the future finances index was down 2.1%.

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

ANZ-Roy Morgan Australian Consumer Confidence rebounds sharply – up 4.7% to 119.1

Original article by Roy Morgan Research
Market Research Update – Page: Online : 1-Mar-17

ANZ-Roy Morgan Australian Consumer Confidence rose 4.7% to 119.1 in the week ended 26 February 2017, following a disappointing performance the previous week (down 2.3%). The increase in confidence was broadly based with all five sub-indices posting gains. Households’ views of current finances rose a sharp 9.3%, more than reversing last week’s 7.5% fall. Sentiment towards future finances also rose a solid 6.3%, bringing the index to its highest value since March 2016. Households’ views of economic conditions over the next 12 month bounced 4.4%, while sentiment towards the longer term outlook rose a more modest 1.7%.

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

ANZ-Roy Morgan Australian Consumer Confidence wilts – down 2.3% to 113.7

Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Feb-17

ANZ-Roy Morgan Australian Consumer Confidence fell 2.3% to 113.7 in the week ended 19 February 2017. Consumer confidence fell for the third straight week, bringing the headline index to its lowest value since December. The fall was driven by a sharp decline in views toward current finances and views on economic conditions over the next five years. Households’ views of current finances fell a sharp 7.5%, bringing the index down to its lowest level since August 2014. However, sentiment towards future finances rose 0.3%. Households’ views of economic conditions over the next 12 months declined by 1.6%, and sentiment regarding economic conditions over the next five years dropped 4.9%.

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

ANZ-Roy Morgan Australian Consumer Confidence: edges down

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

ANZ-Roy Morgan Australian Consumer Confidence edged down 0.9% to 116.4 in the week ending 12 February 2017. The decrease was driven primarily by declines in sentiment toward both financial and economic conditions over the next 12 months. Households’ views of their current finances improved by 1.0%, whereas sentiment towards future finances fell by 1.8%. Both indicators remain well above their long run averages. Households’ views of economic conditions over the next 12 months deteriorated by 3.8%, partially unwinding the 5.7% bounce over the previous two weeks. Sentiment regarding economic conditions over the next five years edged down 0.7% after a solid 4.7% in rise the previous week.

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

ANZ-Roy Morgan Australian Consumer Confidence Rating Stays Steady at 117.5

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

ANZ-Roy Morgan Australian Consumer Confidence fell slightly by 0.5% to 117.5 in the week ended 5 February 2017. A solid rise in the future economic outlook was entirely offset by a drop in the current finances and "now is a good time to buy a household item" sub-indices. Households’ views towards current and future finances fell 3.4% and 0.2% respectively. Both indicators remain well above their long run averages, though households’ assessment of their current situation is back to mid-2016 levels. Households’ views of economic conditions over the next 12 months edged up another 0.3%, after a sharp 5.4% rise last week, bringing the index to its highest level in nine weeks. Households’ views of economic conditions over the next five years posted a solid 4.7% rise, more than offsetting last week’s 3.0% decline.

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

ANZ-Roy Morgan Australian Consumer Confidence jumps to 120.1 (up 6.7pts)

Original article by Roy Morgan Research
Market Research Update – Page: Online : 11-Jan-17

ANZ-Roy Morgan Australian Consumer Confidence jumped a sharp 5.9% to 120.1 in the week ended 8 January 2017, more than reversing the decline in the last survey conducted in mid-December (post the surprisingly weak GDP reading). The headline index is now at its highest level in 15 weeks. The details were broadly upbeat. Households’ views of economic conditions over the next 12 months bounced a solid 11.2%, almost entirely reversing last month’s decline. Households’ views of the economic outlook in the next five years rose 2.2%. Meanwhile, households’ views towards their finances compared to a year ago rose 3.0% and now sits at the highest level since the end of September 2016, when the index reached a post-GFC high. Households’ views towards their future finances also improved, up 3.5% last week, and are in a strong upward trend.

CORPORATES
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

ANZ-Roy Morgan Consumer Confidence plunges to 113.4 (down 5.2pts) after shockingly weak GDP data

Original article by Roy Morgan Research
Market Research Update – Page: Online : 14-Dec-16

ANZ-Roy Morgan Australian Consumer Confidence fell a sharp 4.4% to 113.4 in the week ended 11 December 2016. The headline index is now at its lowest level since May. The details were negative with views on "economic conditions over the next 12 months" and "now is a good time to buy a household item" showing the sharpest declines. Households’ views towards their finances compared to a year ago edged down 0.7%, while households’ views towards their future finances slipped 2.1%. Both sub-indices remain well above their long run averages. Households’ views of economic conditions over the next 12 months plummeted 11.7%, bringing the index to its lowest level since February. Households’ views of the economic outlook in the next five years fell a more modest 1.7%.

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

ANZ-Roy Morgan Australian Consumer Confidence Rebounds – up 3.2pts to 118.6

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

ANZ-Roy Morgan Australian Consumer Confidence rose a solid 2.8% to 118.6 in the week ended 3 December 2016. The headline index is now at its highest level in 10 weeks. The details were also positive. The strength in the headline index was broadly based, with the biggest improvement coming from a 4.4% jump in households’ view of future finances. Households’ views of their finances compared to a year ago also improved, but by a much more modest 0.2%. Households’ views of economic conditions over the next 12 months rose a strong 2.9%, while households’ view of the economic outlook in the next five years bounced a solid 2.2%.

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

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

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

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