Back To Listing

ANZ-Roy Morgan Australian Consumer Confidence down 6.6pts to 106.7

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,023 face-to-face interviews conducted Australia-wide with men and women aged 14 and over last weekend September 5/6, 2015.
ANZ-Roy Morgan Australian Consumer Confidence dropped 6.6pts to 106.7 this week, reaching the lowest level since July 2014. This follows three weeks where confidence remained surprisingly resilient in the face of financial market volatility, holding up above its long run average. However, consumers clearly remain sensitive towards bad news in Australia, notably last week’s newsflow around Australia’s weak economic growth.

  • The decline in confidence this week was broad based, with sub-indexes on financial and economic conditions all falling to nine week lows. The subindexes on economic conditions fell 5.7% and household finances fell 4.5% last week. Consumers’ views about whether ‘now is a good time to buy a major household item’ fell 8.4%, reaching the lowest level since May 2014.
Co-Head of Australian Economics Felicity Emmett commented:

“ANZ-Roy Morgan Australian Consumer Confidence fell 5.8% and is now sitting at the lowest level since July last year. While confidence held up in the face of financial market volatility recently, data last week showing weaker conditions at home appear to have hit household sentiment. In particular, weak June quarter GDP and an unexpected fall in July retail spending seem to have rattled consumers. The magnitude of the fall in confidence is concerning, being the largest weekly fall we’ve seen since around middle of 2012. This highlights consumers’ fragility in the current economic environment.

"Interestingly, views on purchasing a household item have reached the lowest level since May last year, when confidence plunged in response to the 2014-15 Commonwealth Budget. Combined with the drop in households’ view of their own finances as well as slower house price growth, this suggests that the outlook for retail is likely to remain challenging.”


ANZ-Roy Morgan Australian Consumer Confidence Rating - September 8, 2015 - 106.7

ANZ-Roy Morgan Australian Consumer Confidence Rating - September 8, 2015 - 106.7

ANZ-Roy Morgan Australian Consumer Confidence Rating - September 8, 2015 - 106.7

Click to view the PDF of the latest ANZ-Roy Morgan Weekly Consumer Confidence Release.


Latest ANZ-Roy Morgan Consumer Confidence Releases

Latest ANZ-Roy Morgan Australian & Asia-Pacific Consumer Confidence Data Tables

Related Research Reports

The latest Roy Morgan Consumer Confidence Monthly Report is available on the Roy Morgan Online Store. It provides demographic breakdowns for Age, Sex, State, Region (Capital Cities/ Country), Generations, Lifecycle, Socio-Economic Scale, Work Status, Occupation, Home Ownership, Voting Intention, Roy Morgan Value Segments and more.

You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates.