ANZ-Roy Morgan Consumer Confidence virtually unchanged at 86.0 for Australia Day long weekend

Original article by Roy Morgan
Market Research Update – Page: Online : 30-Jan-25

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 86.0 in the week to 26 January. Consumer Confidence is now 3.5 points above the same week a year ago (82.5), and 3.1 points above the 2024 weekly average of 82.9. A look at Consumer Confidence by State shows increases in the two largest States of New South Wales and Victoria, but declines elsewhere in Queensland, Western Australia, and South Australia. Now 20% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 48% (unchanged) say their families are ‘worse off’. Looking forward, 34% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 29% (down 2ppts) expect to be ‘worse off’. Now 10% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 27% (unchanged) expect ‘bad times’. Meanwhile, 25% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 47% (up 1ppt) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence drops 1.3pts to 85.8 as buying intentions drop for a second straight week

Original article by Roy Morgan
Market Research Update – Page: Online : 22-Jan-25

ANZ-Roy Morgan Consumer Confidence fell 1.3pts to 85.8 in the week to 19 January. However, Consumer Confidence is now 1.4 points above the same week a year ago (84.4), and 2.9 points above the 2024 weekly average of 82.9. A look at Consumer Confidence by State shows decreases in New South Wales, Victoria and Queensland, whilst remaining unchanged in Western Australia and South Australia. Now 21% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 48% (down 1ppt) say their families are ‘worse off’. Looking forward, 34% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 31% (up 3ppt) expect to be ‘worse off’. Now 9% (down 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 27% (down 2ppts) expect ‘bad times’. Meanwhile, 25% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 46% (unchanged) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence virtually unchanged at 87.1 in mid-January as buying sentiment softens

Original article by Roy Morgan
Market Research Update – Page: Online : 15-Jan-25

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 87.1 in mid-January, sustaining most of the traditional ‘New Year’s bump’. Consumer Confidence is now 2.7 points above the same week a year ago (84.4), and 4.2 points above the 2024 weekly average of 82.9. A look at Consumer Confidence by State shows small increases in New South Wales, Western Australia and South Australia, a decline in Victoria and unchanged in Queensland. Now 22% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 49% (up 3ppts) say their families are ‘worse off’. Looking forward, 34% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 28% (down 1ppt) expect to be ‘worse off’ (the lowest figure for this indicator since January 2023). Now 10% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 29% (unchanged) expect ‘bad times’. Meanwhile, 27% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 46% (up 4ppts) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence up 3.6pts to 87.5, highest start to New Year for three years since 2022

Original article by Roy Morgan
Market Research Update – Page: Online : 8-Jan-25

ANZ-Roy Morgan Consumer Confidence rose 3.6pts to 87.5 in in early January, with the traditional ‘New Year’s bump’. Consumer Confidence is now 2.7 points above the same week a year ago (84.8), and 4.6 points above the 2024 weekly average of 82.9. A look at Consumer Confidence by State shows increases in the four largest States of New South Wales, Victoria, Queensland and Western Australia, but a decline in South Australia. Now 21% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 46% (down 3ppts) say their families are ‘worse off’. Looking forward, 33% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 29% (down 3ppts) expect to be ‘worse off’. Now 9% (down 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 29% (down 1ppt) expect ‘bad times’. Meanwhile, 28% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 42% (down 5ppts) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence drops 1.6pts to 83.9 as buying intentions plunge after the end of the Black Friday/ Cyber Monday sales period

Original article by Roy Morgan
Market Research Update – Page: Online : 18-Dec-24

ANZ-Roy Morgan Consumer Confidence fell 1.6pts to 83.9 in the week to 15 December, following the end of the Black Friday sales period. However, Consumer Confidence is now 2.1 points above the same week a year ago (81.8), and 1 point above the 2024 weekly average of 82.9. A look at Consumer Confidence by State shows varied results around the country with decreases in NSW, Victoria, and WA, offsetting small increases in Queensland and SA. Now 21% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 49% (down 1ppt) say their families are ‘worse off’. Looking forward, 31% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 32% (down 1ppt) expect to be ‘worse off’. Now 10% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 30% (down 1ppt) expect ‘bad times’. Meanwhile, 25% (down 5ppts) of Australians say now is a ‘good time to buy’ major household items, while 47% (up 3ppts) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence drops 2.9pts to 85.5 after the end of the Friday/Cyber Monday sales period

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Dec-24

ANZ-Roy Morgan Consumer Confidence fell 2.9pts to 85.5 in the week to 8 December, following the end of the Black Friday/Cyber Monday sales weekend. However, Consumer Confidence is now 4.7 points above the same week a year ago (80.8), and 2.6 points above the 2024 weekly average of 82.9. A look at Consumer Confidence by State shows varied results around the country, with a reversal of last weeks’ results including decreases in New South Wales, Queensland, and Western Australia, but increases in Victoria and South Australia. Now 22% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 50% (up 3ppts) say their families are ‘worse off’. Looking forward, 32% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (up 4ppts) expect to be ‘worse off’. Now 9% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 31% (up 2ppts) expect ‘bad times’. Meanwhile, 30% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 44% (up 2ppts) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence up 2.7pts to 88.4 as Black Friday/Cyber Monday sales provide boost to confidence

Original article by Roy Morgan
Market Research Update – Page: Online : 4 Deceember 2024

ANZ-Roy Morgan Consumer Confidence rose 2.7pts to 88.4 in the week to 1 December, to its highest level since May 2022 – just after the last Federal Election. Consumer Confidence is now 12 points above the same week a year ago (76.4), and 5.6 points above the 2024 weekly average of 82.8. A look at Consumer Confidence by State shows varied results around the country with increases in New South Wales, Queensland, and Western Australia, but decreases in Victoria and South Australia. Now 23% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 47% (unchanged) say their families are ‘worse off’. Looking forward, 34% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 29% (down 2ppts) expect to be ‘worse off’. Now 8% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 29% (down 1ppt) expect ‘bad times’. Meanwhile, 31% (up 7ppts) of Australians say now is a ‘good time to buy’ major household items (the highest figure for this indicator since April 2022), while 42% (down 1ppt) say now is a ‘bad time to buy’ (the lowest figure for this indicator since June 2022).

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

ANZ-Roy Morgan Consumer Confidence down 1.1pts to 85.7 in late November – but now six weeks above 85

Original article by Roy Morgan
Market Research Update – Page: Online : 27-Nov-24

ANZ-Roy Morgan Consumer Confidence fell 1.1pts to 85.7 in the week to 24 November; it has nevertheless stayed above the mark of 85 for a sixth consecutive week for the first time since June 2022. Consumer Confidence is now 9 points above the same week a year ago (76.7), and 3 points above the 2024 weekly average of 82.7. A look at Consumer Confidence by State shows varied results around the country with small increases in NSW and SA more than offset by decreases in Victoria, Queensland, and WA. Now 22% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 47% (unchanged) say their families are ‘worse off’. Looking forward, 32% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 31% (up 1ppt) expect to be ‘worse off’. Now 10% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 30% (up 3ppts) expect ‘bad times’. Meanwhile, 24% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 43% (down 2ppts) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence virtually unchanged at 86.8 in mid-November – now five weeks above 85

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Nov-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 86.8 in the week to 17 November; it has nevertheless stayed above the mark of 85 for a fifth consecutive week for the first time since October 2022. Consumer Confidence is now 12.1 points above the same week a year ago (74.7), and 4.2 points above the 2024 weekly average of 82.6. A look at Consumer Confidence by State shows varied results around the country with small increases in Victoria, Queensland and WA, and small declines in New South Wales and South Australia. Now 23% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 47% (down 1ppt) say their families are ‘worse off’. Looking forward, 35% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 30% (unchanged) expect to be ‘worse off’. Now 9% (down 1pp) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 27% (down 3ppts) expect ‘bad times’ (the lowest figure for this indicator since April 2022). Meanwhile, 24% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 45% (unchanged) say now is a ‘bad time to buy’.

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

ANZ-Roy Morgan Consumer Confidence unchanged at 86.7 in mid-November after RBA leaves interest rates unchanged at 4.35%

Original article by Roy Morgan
Market Research Update – Page: Online : 13-Nov-24

ANZ-Roy Morgan Consumer Confidence was unchanged at 86.7 in the week to 10 November; however, it has stayed above the mark of 85 for a fourth consecutive week for the first time since January 2023. Consumer Confidence is now 12.4 points above the same week a year ago (74.3), and 4.2 points above the 2024 weekly average of 82.5. A look at Consumer Confidence by State shows varied results around the country with small increases in NSW, WA and SA, and small declines in Victoria and Queensland. Now 22% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 48% (up 1ppt) say their families are ‘worse off’. Looking forward, 34% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 30% (unchanged) expect to be ‘worse off’. Now 10% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 30% (up 2ppts) expect ‘bad times’. Meanwhile, 26% (up 4ppts) of Australians say now is a ‘good time to buy’ major household items (the highest figure for this indicator since January 2023), while 45% (down 1ppt) say now is a ‘bad time to buy’.

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