ANZ-Roy Morgan Consumer Confidence virtually unchanged at 67.7 in mid-October

Original article by Roy Morgan
Market Research Update – Page: Online : 21-Oct-26

ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 67.7 in the week to 18 October. However, Consumer Confidence is now 16.3pts lower than a year ago (84), and 4.3pts below the 2026 weekly average of 72.0. Analysis by State shows that Consumer Confidence has fallen in New South Wales, Victoria and South Australia, and increased slightly in Queensland and Western Australia. Now 15% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 56% (up 1ppt) say their families are ‘worse off’. Looking forward, 20% (up 1ppt) of respondents expect their family to be ‘better off’ financially this time next year, while 44% (up 2ppts) expect to be ‘worse off’. Only 5% (unchanged) of respondents expect ‘good times’ for the Australian economy over the next 12 months, while 49% (up 4ppts) expect ‘bad times’. Meanwhile, 17% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 44% (down 3ppts) say now is a ‘bad time to buy’.

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