ECONOMIC INDICATORS – AUSTRALIA

ANZ-Roy Morgan Consumer Confidence increased 4.1pts to 87.5 in the week Australians voted in the Federal election

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Original article by Roy Morgan
Market Research Update – Page: Online : 7-May-25

ANZ-Roy Morgan Consumer Confidence rose 4.1pts to 87.5 in the week to 4 May; it is important to note that the vast majority of interviewing for Consumer Confidence was completed before the result of the Federal Election was known on Saturday night. Consumer Confidence is now 7 points above the same week a year ago (80.5), and 1.3pts above the 2025 weekly average of 86.2. Analysis by State shows increases around Australia, including in New South Wales, Victoria, Queensland and South Australia, but a slight decrease in Western Australia. Now 19% of Australians (up 4ppts) say their families are ‘better off’ financially than this time last year, while 42% (down 5ppts) say their families are ‘worse off’ (the lowest figure for this indicator since September 2022). Looking forward, 28% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 27% (down 3ppts) expect to be ‘worse off’. Now 10% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 27% (down 2ppts) expect ‘bad times’. Meanwhile, 20% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 38% (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 Inflation Expectations increased to 5.1% in late April – up from 4.7% for the month of March

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

The weekly ANZ-Roy Morgan Inflation Expectations were 5.1% for the week of 21-27 April, up 0.4% points from the month of March, following two straight weekly increases in late April. However, a look at monthly Inflation Expectations for March shows the measure at 4.7% for the month – an increase of 0.1% points from the nearly four-year low in February of only 4.6%. Looking back over the last year, weekly Inflation Expectations have moved in a band of 4.2% to 5.3% since the start of 2024, and averaged 4.9%. The data for the Inflation Expectations series is drawn from the Roy Morgan Single Source which has interviewed an average of around 5,300 Australians aged 14+ per month over the last decade, and includes interviews with 6,093 Australians aged 14+ in March 2025.

CORPORATES
ROY MORGAN LIMITED

ANZ-Roy Morgan Consumer Confidence drops 2.1pts to 83.4 to lowest for over six months in week before Federal election

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

ANZ-Roy Morgan Consumer Confidence fell 2.1pts to 83.4 in the week to 27 April. Consumer Confidence is now 2.2 points above the same week a year ago (81.1), but 2.7pts below the 2025 weekly average of 86.1. Analysis by State shows mixed results; the weekly decrease was driven by falls in Victoria and Queensland, while Consumer Confidence was virtually unchanged in New South Wales and Western Australia, and increased slightly in South Australia. Now 15% of Australians (down 1ppt) say their families are ‘better off’ financially than this time last year (the lowest figure for this indicator since June 2023), while 47% (up 1ppt) say their families are ‘worse off’. Looking forward, 26% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator since April 2020, in the early days of the pandemic), while 30% (up 4ppts) expect to be ‘worse off’. Now 10% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 29% (also unchanged) expect ‘bad times’. Meanwhile, 22% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 38% (down 2ppts) say now is a ‘bad time to buy’.

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

Insolvency wave builds despite hopes for rate relief

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Original article by Matt Bell
The Australian – Page: 17 : 29-Apr-25

Data from the Australian Securities & Investments Commission shows that 3,393 businesses were declared insolvent in the March quarter; this is 27.6 per cent higher than the same period in 2024. Meanwhile, some 11,162 businesses have appointed insolvency specialists so far in the financial year, with the figures current as at 6 April. This represents an increase of 44.1 per cent year-on-year, and Jarvis Archer from Business Reset says insolvencies are on track to exceed 15,000 in 2024-25. Construction, hospitality and retailing are amongst the sectors that have recorded the biggest growth in insolvencies.

CORPORATES
AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, BUSINESS RESET PTY LTD

ANZ-Roy Morgan Consumer Confidence increases 1.3pts to 85.5 as Australians enjoy Easter holidays

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Original article by Roy Morgan
Market Research Update – Page: Online : 24-Apr-25

ANZ-Roy Morgan Consumer Confidence rose 1.3pts to 85.5 in the week to 20 April. Consumer Confidence is now 5.2 points above the same week a year ago (80.3), but it is 0.8pts below the 2025 weekly average of 86.3. Analysis by State shows mixed results, with the weekly increase driven by rising confidence in Queensland and Western Australia; however, Consumer Confidence was unchanged in Victoria, and down slightly in New South Wales and South Australia. Now 16% of Australians (down 4ppts) say their families are ‘better off’ financially than this time last year, while 46% (down 1ppt) say their families are ‘worse off’. Looking forward, 29% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 26% (down 4ppts) expect to be ‘worse off’ (the lowest figure for this indicator since May 2022). Now 10% (unchanged) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 29% (down 4ppts) expect ‘bad times’. Meanwhile, 22% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 40% (also unchanged) say now is a ‘bad time to buy’.

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

Home building falls as election stokes demand

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Original article by Michael Bleby
The Australian Financial Review – Page: 37 : 17-Apr-25

Data from the Australian Bureau of Statistics shows that new housing starts nationwide totalled 168,049 in calendar 2024, which is 1.8 per cent higher than previously. However, new home starts fell by 4.4 per cent to 41,911 in the final three months of the year, which was the largest quarterly decline since September 2023. Both major political parties recently announced election policies that are expected to boost demand for housing, but Paul Bloxham from HSBC says the focus should be on measures to boost housing supply.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, HSBC AUSTRALIA HOLDINGS PTY LTD

In March Australian unemployment dropped to 10.2% as both full-time and part-time employment grew

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Original article by Roy Morgan
Market Research Update – Page: Online : 16-Apr-25

In March 2025, Australian ‘real’ unemployment fell 230,000 to 1,604,000 (down 1.3% to 10.2% of the workforce), with significantly fewer people looking for work. The decrease in unemployment was driven by full-time employment (up 29,000 to 9,385,000) and part-time employment (up 34,000 to 4,801,000). However, the Australian workforce dropped 167,000 to 15,790,000 as many of those unemployed decided to leave the workforce. In addition to the unemployed, a further 1.43 million Australians (9.1% of the workforce) were under-employed, i.e. working part-time but looking for more work, down 199,000 from February. In total, 3.03 million Australians (19.3% of the workforce) were either unemployed or under-employed in March. Roy Morgan’s unemployment figure of 10.2% is clearly more than double the ABS estimate of 4.1% for February, and is in line with the combined ABS unemployment and under-employment figure of 10.0%.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIAN BUREAU OF STATISTICS

ANZ-Roy Morgan Consumer Confidence drops 2.6pts to 84.2 as Australian Dollar and markets fall following Trump Tariffs

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Original article by Roy Morgan
Market Research Update – Page: Online : 16-Apr-25

ANZ-Roy Morgan Consumer Confidence fell 2.6pts to 84.2 in the week to 13 April. Consumer Confidence is now 0.7 points above the same week a year ago (83.5), but 2.4pts below the 2025 weekly average of 86.4. Analysis by State shows that there were decreases in Victoria, Queensland, Western Australia, and South Australia, but a modest increase in New South Wales against the overall trend. Now 20% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 47% (up 2ppts) say their families are ‘worse off’. Looking forward, 28% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 30% (up 2ppts) expect to be ‘worse off’. Now 10% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 33% (up 5ppts) expect ‘bad times’. Meanwhile, 22% (up 2ppts) of Australians say now is a ‘good time to buy’ major household items, while 40% (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 up 1.1pts to 85.3 after the Federal Election Budget is handed down

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Original article by Roy Morgan
Market Research Update – Page: Online : 2-Apr-25

ANZ-Roy Morgan Consumer Confidence rose 1.1pts to 85.3 in the week to 30 March. Consumer Confidence is now 2.5 points above the same week a year ago (82.8), but it is 1.3pts below the 2025 weekly average of 86.5. Analysis by State shows that increases in New South Wales, Queensland and Western Australia drove the weekly up-tick, while there were small declines in Victoria and South Australia. Now 21% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 45% (down 4ppts) say their families are ‘worse off’. Looking forward, 28% (down 3ppts) of Australians expect their family to be ‘better off’ financially this time next year, while 29% (down 3ppts) expect to be ‘worse off’. Now 10% (up 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 30% (down 2ppts) expect ‘bad times’. Meanwhile, 23% (down 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 39% (down 4ppts) say now is a ‘bad time to buy’ (the lowest figure for this indicator since May 2022).

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

Australian house prices hit new peak for 2025 as rate cut drives buyer demand

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Original article by Cait Kelly
The Guardian Australia – Page: Online : 1-Apr-25

Data from CoreLogic Australia shows that house prices rose by 0.4 per cent nationwide in March; it was the second successive month of house price growth, and followed a decline of 0.5 per cent over the three months to December. Tim Lawless from CoreLogic – which is rebranding as Cotality – attributes the "pretty mild turnaround" to improved consumer sentiment in response to the Reserve Bank’s interest rate cut in February. Separate data from PropTrack shows that dwelling prices rose in every capital city in March.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, PROPTRACK PTY LTD, RESERVE BANK OF AUSTRALIA