Original article by Roy Morgan
Market Research Update – Page: Online : 19-Jun-24

ANZ-Roy Morgan Consumer Confidence rose 3.3pts to 80.3 in the week to 16 June, although it has now spent a record 72 straight weeks below the mark of 85. Consumer Confidence is now 7.9 points above the same week a year ago (72.4), but it is still 1.7 points below the 2024 weekly average of 82.0. Consumer Confidence has increased in most States, but the measure is virtually unchanged in Victoria. Now 18% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 53% (unchanged) say their families are ‘worse off’. Looking forward, 33% (up 6ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 32% (down 4ppts) expect to be ‘worse off’. Now 9% (up 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 35% (down 4ppts) expect ‘bad times’. Meanwhile, 21% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 50% (down 1ppt) say now is a ‘bad time to buy’.

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

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

ANZ-Roy Morgan Consumer Confidence fell 3.5pts to 77.0 in the week to 9 June, and it has now spent a record 71 straight weeks below the mark of 85. However, Consumer Confidence is still 4.3 points above the same week a year ago (72.7), but 5 points below the 2024 weekly average of 82.0. Consumer Confidence dropped sharply in Victoria, WA and SA, and down in NSW, but it was unchanged in Queensland. Now 19% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year, while 53% (up 2ppts) say their families are ‘worse off’. Looking forward, 27% (down 4ppts) of Australians expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator so far this year), while 36% (up 1ppt) expect to be ‘worse off’ (the highest figure for this indicator so far this year). Now 7% (down 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months (the lowest figure for this indicator so far this year, while 39% (up 4ppts) expect ‘bad times’ (the highest figure for this indicator so far this year). Meanwhile, 22% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 51% (up 2ppts) say now is a ‘bad time to buy’.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 5-Jun-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 80.5 in the week to 2 June, but it has now spent a record 70 straight weeks below the mark of 85. Consumer Confidence is now 4.7 points above the same week a year ago (75.8), but 1.8 points below the 2024 weekly average of 82.3. Consumer Confidence was up in Victoria, South Australia and Western Australia, down in Queensland and virtually unchanged in New South Wales. Now 21% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year, while 51% (unchanged) say their families are ‘worse off’. Looking forward, 31% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 35% (also unchanged) expect to be ‘worse off’ (the equal highest figure for this indicator so far this year). Now 8% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 35% (unchanged) expect ‘bad times’. Meanwhile, 21% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 49% (down 2ppts) say now is a ‘bad time to buy’.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 29-May-24

ANZ-Roy Morgan Consumer Confidence fell 1.8pts to 80.2 in the week to 26 May; it has now spent a record 69 straight weeks below the mark of 85. Consumer Confidence is now 4 points above the same week a year ago (76.2), but 2.1 points below the 2024 weekly average of 82.3. Consumer Confidence was down in NSW, Queensland, WA and SA but up slightly in Victoria – reversing the trends of a week ago. Now 22% of Australians (up 2ppts) say their families are ‘better off’ financially than this time last year, while 51% (up 1ppt) say their families are ‘worse off’. Looking forward, 31% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 35% (up 2ppts) expect to be ‘worse off’ (the highest figure for this indicator so far this year). Now 8% (down 3ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 35% (up 2ppts) expect ‘bad times’. Meanwhile, 21% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 51% (up 1ppt) say now is a ‘bad time to buy’.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 22-May-24

ANZ-Roy Morgan Consumer Confidence rose 1.8pts to 82.0 in the week to 19 May. However, despite the increase the index has now spent a record 68 straight weeks below the mark of 85. Consumer Confidence is now 4.7 points above the same week a year ago (77.3), and just 0.4 points below the 2024 weekly average of 82.4. Consumer Confidence was up in New South Wales, Queensland, Western Australia and South Australia but down slightly in Victoria. Now 20% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 50% (also unchanged) say their families are ‘worse off’. Looking forward, 33% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (unchanged) also expect to be ‘worse off’. Now 11% (up 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 33% (unchanged) expect ‘bad times’. Meanwhile, 22% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 50% (down 2ppts) say now is a ‘bad time to buy’.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 15-May-24

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 80.2 in the week to 12 May. The index has now spent a record 67 straight weeks below the mark of 85. Consumer Confidence is now 4.3 points above the same week a year ago (75.9), but 2.3 points below the 2024 weekly average of 82.5. Consumer Confidence was down in Victoria, Western Australia and South Australia, but up slightly in New South Wales and Queensland. Now 20% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 50% (down 1ppt) say their families are ‘worse off’. Looking forward, 32% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (also unchanged) expect to be ‘worse off’. Now 9% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 33% (down 2ppts) expect ‘bad times’. Meanwhile, 19% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items (the lowest figure for this indicator so far this year), while 52% (up 3ppts) say now is a ‘bad time to buy’ (the highest figure for this indicator so far this year).

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

Original article by Roy Morgan
Market Research Update – Page: Online : 8-May-24

ANZ-Roy Morgan Consumer Confidence fell 0.6pts to 80.5 in the week to 5 May. The index has now spent a record 66 straight weeks below the mark of 85. Consumer Confidence is 2.8 points above the same week a year ago (77.7), but 2.1 points below the 2024 weekly average of 82.6. Consumer Confidence was down significantly in Victoria, but up slightly in New South Wales, Queensland, Western Australia and South Australia. Now 20% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 51% (down 1ppt) say their families are ‘worse off’. Looking forward, 32% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (down 1ppt) expect to be ‘worse off’. Now 9% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 35% (up 2ppts) expect ‘bad times’. Meanwhile, 21% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 49% (up 2ppts) say now is a ‘bad time to buy’.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 1-May-24

ANZ-Roy Morgan Consumer Confidence rose 0.8pts to 81.1 in the week to 28 April; however, the index has now spent a record 65 straight weeks below the mark of 85. Consumer Confidence is now only 1.3 points above the same week a year ago (79.8), and 1.6 points below the 2024 weekly average of 82.7. Consumer Confidence was up in Victoria, Western Australia and South Australia, but down slightly in New South Wales and Queensland. Now 19% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 52% (up 1ppt) say their families are ‘worse off’. Looking forward, 31% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 34% (down 1ppt) expect to be ‘worse off’. Now just 8% (down 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months (the lowest figure for this indicator so far this year), while 33% (down 2ppts) expect ‘bad times’. Meanwhile, 21% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 47% (unchanged) say now is a ‘bad time to buy’.

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

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

ANZ-Roy Morgan Consumer Confidence fell 3.2 points to 80.3 in the week to 21 April, and the index has now spent a record 64 straight weeks below the mark of 85. Consumer Confidence is now only 2.3 points above the same week a year ago (78.0), and 2.5 points below the 2024 weekly average of 82.8. Consumer Confidence was down in New South Wales, Victoria, Queensland, and South Australia, but up in Western Australia. Now 18% of Australians (down 4ppts) say their families are ‘better off’ financially than this time last year, while 51% (up 1ppt) say their families are ‘worse off’. Looking forward, 30% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator so far this year), while 35% (up 2ppts) expect to be ‘worse off’ (the highest figure for this indicator so far this year). Now just 9% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 35% (up 2ppts) expect ‘bad times’ (the highest figure for this indicator so far this year). Meanwhile, 23% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 47% (also unchanged) say now is a ‘bad time to buy’.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Apr-24

ANZ-Roy Morgan Consumer Confidence rose 1.6pts to 83.5 in the week to 14 April; however, despite the increase the index has now spent a record 63 straight weeks below the mark of 85. Consumer Confidence is now 6.3 points above the same week a year ago (77.2), and virtually identical to the 2024 weekly average of 83.0. Consumer Confidence was up in New South Wales, Victoria and Queensland, but down in Western Australia and South Australia. Now 22% of Australians (up 3ppts) say their families are ‘better off’ financially than this time last year, while 50% (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 33% (unchanged) expect to be ‘worse off’. Now 11% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 33% (up 2ppts) expect ‘bad times’. Meanwhile, 23% (up 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 47% (unchanged) say now is a ‘bad time to buy’.

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