Original article by Roy Morgan
Market Research Update – Page: Online : 19-Jan-22

ANZ-Roy Morgan Consumer Confidence decreased during the second week of January, down 8.1pts to 97.9 and is now at its lowest since October 2020 during Victoria’s second wave of COVID-19. In addition, Consumer Confidence is now 10.8 pts below the same week a year ago (108.7). The fall is likely related to several factors including the surging ‘Omicron variant’ of COVID-19 which has also led to shortages in PCR tests, Rapid Antigen tests, vaccine dose availability for children aged 5-11 (which began last week), and supply chain issues with shortages of key goods in supermarkets and other retailers. Many Australians have also returned from their holidays and were back at work last week after a positive Consumer Confidence reading to start the year. Consumer Confidence this week was down in all States, except in South Australia – in which Consumer Confidence had already dropped a week ago, and is now below the neutral level of 100 in all States. Driving the decrease were negative movements across the index, with particularly large falls in personal finances compared to a year ago and current buying intentions.

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Original article by Roy Morgan
Market Research Update – Page: Online : 22-Dec-21

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 108.4 on 18/19 December. Consumer Confidence is in line with the 2021 weekly average of 108.1, and it is now 0.6 pts below the same week a year ago (109.0). Consumer Confidence this week was up in New South Wales (+4.8pts) and Victoria, but saw modest drops in the smaller states of Queensland, WA, SA and Tasmania. Now 32% (up 2 ppts) of Australians say their families are ‘better off’ financially than this time last year, while 27% (down 2ppts) say their families are ‘worse off’ financially. In addition, 38% (up 1 ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 16% (unchanged) expect to be ‘worse off’ financially. Some 19% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 20% (up 2ppts) expect ‘bad times’. Meanwhile, 41% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 30% (up 3ppts) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 1-Dec-21

ANZ-Roy Morgan Consumer Confidence fell 1.4pts to 106.0 on 27/28 November; it is now below the 2021 weekly average of 108.1 and 1.5pts lower than the same week a year ago (107.5). Consumer Confidence this week was down in Victoria, Queensland and WA, while increasing slightly in NSW and SA. Now 27% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 29% (up 3ppts) say their families are ‘worse off’ financially. In addition, 37% (unchanged) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (also unchanged) expect to be ‘worse off’ financially. Some 18% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 20% (also unchanged) expect ‘bad times’. Meanwhile, 42% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items (the highest figure for this indicator since early July 2021), while 26% (down 2ppts) say now is a ‘bad time to buy’ (the lowest figure for this indicator since early July).

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Nov-21

ANZ-Roy Morgan Consumer Confidence rose 1.4pts to 107.4 on 20/21 November; it is below the 2021 weekly average of 108.2, but 2.9 points higher than the same week a year ago (104.5). Consumer Confidence was up in Victoria, Queensland and WA, while falling slightly in NSW and SA. Now 29% (unchanged) of Australians say their families are ‘better off’ financially than this time last year, while 26% (down 2ppts) say their families are ‘worse off’ financially. In addition, 37% (down 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (unchanged) expect to be ‘worse off’ financially. Some 18% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 20% (unchanged) expect ‘bad times’. Meanwhile, 39% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 28% (down 2ppts) say now is a ‘bad time to buy’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Nov-21

ANZ-Roy Morgan Consumer Confidence fell 3pts to 106.0 on 13/14 November; it is now below the 2021 weekly average of 108.2 and 0.6 points lower than the same week a year ago (106.6). This is the first time Consumer Confidence has dropped below its level of a year ago since late November 2020. Consumer Confidence this week was down in NSW, Victoria, Western Australia, South Australia and Tasmania, but there was a small increase in Queensland. Now 29% (down 2ppts) of Australians say their families are ‘better off’ financially than this time last year, while 28% (up 2ppts) say their families are ‘worse off’ financially. In addition, 38% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 17% (up 2ppts) expect to be ‘worse off’ financially. Some 20% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 20% (up 1ppt) expect ‘bad times’. Meanwhile, 39% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 30% (up 2ppts) say now is a ‘bad time to buy’.

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Original article by Gary Morgan, Michele Levine, Julian McCrann
Market Research Update – Page: Online : 11-Nov-21

ANZ-Roy Morgan Consumer Confidence is now at 109.0 and has increased in 11 of the last 13 weeks since hitting a ‘Delta-wave’ low of 98.6 on August 7/8, 2021. That low was the week Victoria entered its record sixth lockdown, and Consumer Confidence has since increased by 10.4pts (+10.5%). We have been asked about the moves in Consumer Confidence in the key cities of Sydney and Melbourne which this week were in different directions. Consumer Confidence in Sydney increased by 4.4pts (+4.1%) to 112.8 as restrictions in the city continued to ease. Consumer Confidence in Sydney has now increased for two straight weeks. In contrast, Consumer Confidence in Melbourne was down 5pts (-4.4%) to 107.6. This decline reverses the similarly sized increase of 5.4pts (+5.0%) a week earlier. There were several likely drivers of this decline in Melbourne during the past week. There were large protests outside the Victorian Parliament against the proposed pandemic legislation which would give the Premier the power to declare a pandemic indefinitely, as well as the mandatory vaccinations being ordered by the Government. The State Government has also been in the spotlight over the last week as the Independent Broad-based Anti-corruption Commission investigates allegations of misuse of public funds to engage in ‘branch stacking’.

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Original article by Roy Morgan
Market Research Update – Page: Online : 10-Nov-21

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 109.0 on 6/7 November; it is now is just above the 2021 weekly average of 108.3, and 5.9 points higher than the same week a year ago (103.1). Consumer Confidence was up in Sydney, Perth and Adelaide, but down slightly in Melbourne and Brisbane. Now 31% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 26% (up 1ppt) say their families are ‘worse off’ financially. In addition, 40% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 15% (down 1ppt) expect to be ‘worse off’ financially. Some 19% (up 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 19% (unchanged) expect ‘bad times’. Meanwhile, 40% (down 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 28% (unchanged) say now is a ‘bad time to buy’.

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