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COMPANY ONLINE STORE PRODUCTS SERVICES INDUSTRIES MORGAN POLL PAPERS PRESS RELEASES CONSUMER CONFIDENCE READERSHIP UNEMPLOYMENT THE REACTOR 
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| NEWS : Morgan Poll : | |||||||||||
Little Change In May Consumer Confidence
Despite the promised tax cuts and increased Government spending the Roy Morgan Consumer Confidence Rating remains steady at 125 points (up a small 0.6 points). There is little change in response to the five component questions that the Consumer Confidence Rating is derived from, however the May rating of 125 is still 16.8 points higher than the May average of 108.2. The proportion of people expecting Australia to experience good economic conditions over the next five years in May was unchanged at 35%, with those expecting bad economic times over the same period falling 3% to 15%. Australians expecting good economic times over the coming year was 43% (unchanged) compared to 20% (up 1%) expecting bad times. In May, 33% (unchanged) of respondents say their personal financial situation is better now than it was this time last year, with 27% (up 1%) saying they are now worse off. Looking ahead 42% (unchanged) of Australians expect to be better off financially this time next year while 16% (up 3%) expect to be worse off. Asked whether now is a good time to buy major household items, such as electrical appliances or furniture, 60% (unchanged) of Australians said now was a good time to buy, while only 10% (down 3%) say now is a bad time to buy major household items. The Roy Morgan Consumer Confidence Rating is based on 1,160 face-to-face interviews conducted Australia-wide on the weekends of May 1/2, 2004.
Gary Morgan: Office: (03) 9224 5213 Mobile: 0411 129 094 Home: (03) 9419 3242 Roy Morgan Consumer Confidence Rating
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