ANZ-Roy Morgan Australian Consumer Confidence virtually unchanged at 115.9

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

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 0.6 per cent to 115.9 in the week ended 15 November 2015. This follows confidence reaching the highest level in almost two years in the previous week, while the four-week moving average continues to trend higher. The fall in confidence was mainly attributed to consumers’ views towards the economic outlook. The sub-index "economic conditions in the next 12 months" was down 3.7 per cent, and "economic conditions in the next five years" was down 2.4 per cent. Roy Morgan Research executive chairman Gary Morgan says consumer confidence remains virtually unchanged, and all indicators of general confidence in Australia – including ANZ-Roy Morgan Consumer Confidence, Roy Morgan Business Confidence and the Roy Morgan Government Confidence Rating – have improved substantially over the past two months.

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

ANZ-Roy Morgan Australian Consumer Confidence Remains Elevated at 116.6 (up 1.4pts)

Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Nov-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 1.2 per cent to 116.6 in the week ended 8 November 2015, reaching its highest level since January 2014. Confidence has been on an upward trend over the past few weeks, mainly driven by an improvement in households’ outlook on the economy. This likely reflects the ongoing support for the Turnbull government in creating an improving narrative on the prospects for the Australian economy. The sub-index "economic outlook in the next year" rose by 2.8 per cent, and "economic outlook in the next five years" rose by 7.5 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

ANZ-Roy Morgan Australian Consumer Confidence Consolidates

Original article by Roy Morgan Research
Market Research Update – Page: Online : 4-Nov-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 1.6 per cent to 115.2 in the week ended 1 November 2015. Despite recent moves by the big four banks to raise variable mortgage rates, this week’s result confirms that overall consumer confidence remains on an upward trend, most likely reflecting the increased faith in the new Prime Minister. The four-week moving average is now at its highest level since February 2014. The subindex "economic conditions in the next 12 months" has risen by 5.1 per cent, and is now 25 per cent higher than prior to the change in Prime Ministership.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED, RESERVE BANK OF AUSTRALIA

ANZ-Roy Morgan Consumer Confidence increases again as RBA meets to decide on interest rates – now 115.2 (up 1.8pts)

Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-Nov-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 0.1 per cent to 115.2 in the week ended 1 November 2015. The largest contributor to the increase in consumer confidence over the past two weeks has been the positive increase in the "time to buy index", which has risen by seven per cent over the last fortnight and is now at +30 per cent. Meanwhile, 46 per cent (up two per cent in a fortnight) say now is a "good time to buy" major household items. Roy Morgan Research executive chairman Gary Morgan says the recent ABS low inflation figure and the positive movement in the ANZ-Roy Morgan Consumer Confidence rating is a good sign for the Turnbull Government. However, the high level of real unemployment and under-employment is still Australia’s major problem. By implementing reforms to free-up the labour market the Government will have a much bigger and more positive impact on the Australian economy overall than the recent suggestion of tax reform and increasing the rate of the GST to 15 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, RESERVE BANK OF AUSTRALIA, AUSTRALIAN BUREAU OF STATISTICS, 7-ELEVEN STORES PTY LTD

Consumers ‘happiest in seven years’

Original article by Sue Mitchell
The Australian Financial Review – Page: 17 & 22 : 28-Oct-15

Harvey Norman has posted pre-tax earnings of $A91.8m for the first quarter of 2015-16, which is 27.8 per cent higher than previously. The retailer’s same-store sales in Australia rose by 7.1 per cent year-on-year, and chairman Gerry Harvey says consumer confidence is at its highest level for at least seven years. Fantastic Holdings and Super Retail Group have also reported healthy growth in sales so far in 2015-16. The ANZ-Roy Morgan Consumer Confidence index has increased by 0.1 per cent to 113.4 in the last week.

CORPORATES
HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, FANTASTIC HOLDINGS LIMITED – ASX FAN, SUPER RETAIL GROUP LIMITED – ASX SUL, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, ROY MORGAN RESEARCH LIMITED, PACIFIC BRANDS LIMITED – ASX PBG, NONI B LIMITED – ASX NBL, SUPER CHEAP AUTO, REBEL SPORT LIMITED, RAY’S OUTDOORS, WOOLWORTHS LIMITED – ASX WOW, BIG W DISCOUNT STORES, CITIGROUP PTY LTD

ANZ-Roy Morgan Australian Consumer Confidence virtually unchanged at 113.4

Original article by Roy Morgan Research
Market Research Update – Page: Online : 27-Oct-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 0.1 per cent to 113.4 in the week ended 25 October 2015, following a fall of two per cent in the previous week. This is somewhat surprising given further announcements of increases in variable mortgage interest rates. However, looking at the detail, consumers’ perceptions of their current finances deteriorated, suggesting that the prospect of higher mortgage repayments have hit households’ hip pocket nerve. The sub-index "finances compared to a year ago" was down 4.2 per cent, after a fall of 0.5 per cent in the previous week.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED, RESERVE BANK OF AUSTRALIA

ANZ-Roy Morgan Australian Consumer Confidence – Westpac Interest Rate Rise Chips Away Confidence

Original article by Roy Morgan Research
Market Research Update – Page: Online : 20-Oct-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by two per cent to 113.3 in the week ended 18 October 2015, following a bounce of 5.1 per cent in the previous week. Westpac’s decision to increase its mortgage interest rates, combined with news flow around slowing momentum in the property market, is likely to have contributed to the fall in confidence. The decline in confidence was broad-based. Of note, consumers’ views towards whether now is a "good time to buy a major household item" fell by 3.1 per cent. This sub-index is now 7.9 per cent below its long-run average.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED, RESERVE BANK OF AUSTRALIA

ANZ-Roy Morgan Consumer Confidence Climbs Higher to 115.6

Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Oct-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 5.1 per cent to 115.6 in the week ended 11 October 2015, more than reversing the falls of the previous two weeks. This is the second highest reading in more than a year, and leaves consumer confidence 2.6 per cent above its long-run average. The rise in consumer confidence was broad-based. The sub-index "economic conditions in the next five years" rose by 10 per cent, while "personal finances in the next 12 months" was up 6.6 per cent.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

ANZ-Roy Morgan Australian Consumer Confidence faces uphill battle – now at 110.0

Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Oct-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 0.5 per cent to 110.0 in the week ended 4 October 2015. This takes the cumulative fall over the last fortnight to 3.9 per cent, which retraces almost half of the record bounce in response to the appointment of Malcolm Turnbull as Prime Minister. Results across the sub-indices were mixed. Confidence in the economic outlook over the next five years fell by 5.6 per cent and remains well below average. In addition, views on household finances compared with a year ago declined 3.6 per cent to the lowest level since mid-June.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

ANZ-Roy Morgan Australian Consumer Confidence falls 3.9pts to 110.6 after Turnbull ‘bounce’

Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Sep-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 3.4 per cent to 110.6 in the week ended 27 September 2015. This partially retraces the record 8.7 per cent bounce in the previous week in response to the appointment of Malcolm Turnbull as Prime Minister. The decline in confidence was broad-based across the subindices. In particular, confidence in the economy over the next 12 months fell by 7.5 per cent, while confidence in the economy over the next five years fell by 1.5 per cent. The levels of both subindices are below their long-run average.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET