CONSUMER CONFIDENCE – AUSTRALIA

Consumers ‘happiest in seven years’

roymorgansocial Leave a comment

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

roymorgansocial Leave a comment

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

roymorgansocial Leave a comment

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

roymorgansocial Leave a comment

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

roymorgansocial Leave a comment

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’

roymorgansocial Leave a comment

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

New Prime Minister Malcolm Turnbull gives immediate Consumer Confidence boost in all States and a wide range of demographics

roymorgansocial Leave a comment

Original article by Michele Levine, Gary Morgan, Julian McCrann, Roy Morgan Research
Market Research Update – Page: Online : 28-Sep-15

ANZ-Roy Morgan Australian Consumer Confidence jumped by a one-week record 9.2 points to 114.5 in the week ended 20 September 2015, after Malcolm Turnbull was sworn in as the 29th Prime Minister. The increase to consumer confidence was broad-based, with consumer confidence increasing strongly for both genders, across all age groups and all States and capital cities. Sentiment regarding the Australian economy over the next 12 months increased the most strongly with 31 per cent (up 10 per cent) of Australians expecting "good times" for the Australian economy over the next 12 months. Over the next few weeks and months several Roy Morgan indicators will provide the clearest measure of whether Turnbull has what it takes to introduce the required reforms to boost the Australian economy and provide the confidence to businesses and consumers to get the economy growing on a sustainable path.

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIAN LABOR PARTY

ANZ-Roy Morgan Australian Consumer Confidence: Turnbull turnaround boosts confidence to 114.5

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Sep-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 8.7 per cent to 114.5 in the week ended 20 September 2015. This more than retraces the 7.1 per cent decline over the previous two weeks and leaves confidence above long-run average levels. With no other substantive economic news or market movements to explain the outcome, the driver of the bounce was most likely optimism around the elevation of Communications Minister Malcolm Turnbull to the Prime Ministership. The bounce in confidence was broad-based across the subindices. In particular, views on economic conditions over the next year jumped 25.8 per cent. Confidence in the economy over the next five years also gained a robust 13.4 per cent, but remains well below its 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

ANZ-Roy Morgan Australian Consumer Confidence on the Slide to 105.3 before Turnbull deposes Abbott as Prime Minister

roymorgansocial Leave a comment

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

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 1.3 per cent to 105.3 in the week ended 13 September 2015. This follows a decline of 5.8 per cent in the previous week, and leaves confidence at its weakest level since July 2014. Confidence in the economic outlook continues to be much weaker than views on household finances. The subindex on "economic conditions in the next five years" fell by six per cent, following a 5.2 per cent fall in the previous week. This is the lowest level since the weekly survey began in October 2008. However, the subindex "finances compared to a year ago" rose by 1.6 per cent, and it is the only subindex to remain above its long-run average.

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

ANZ-Roy Morgan Australian Consumer Confidence down 6.6pts to 106.7

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Sep-15

The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 6.6 points to 106.7 in the week ended 6 September 2015, reaching its lowest level since July 2014. This follows three weeks where confidence remained surprisingly resilient in the face of financial market volatility, holding up above its long-run average. However, consumers clearly remain sensitive towards bad news in Australia, notably last week’s newsflow around Australia’s weak economic growth. The subindexes on economic conditions fell by 5.7 per cent and household finances fell by 4.5 per cent.

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