Bad news for retailers - now only 47% (down 7%) of Australians say
‘Now is a good time to buy major household items’
| Article No. 914 -
This weekly Roy Morgan Consumer Confidence rating is based on 1,155 face-to-face interviews conducted Australia-wide with men and women aged 14 and over on the weekend of August 1/2, 2009.:
August 06, 2009 |
In early August the weekly Roy Morgan Consumer Confidence Rating is 116.2 (down 1.6pts). The weekly Roy Morgan Consumer Confidence Rating is 26.1 points higher than early August 2008 (90.1) based on interviewing conducted on the weekend of August 1/2, 2009.
The Roy Morgan Consumer Confidence Rating has fallen slightly over the past week driven by a decrease in the number of Australians saying now is a good time to buy major household items.
Now less than half Australians, 47% (down 7%) say ‘now is a good time to buy’ major household items compared to 24% (up 2%) that say ‘now is a bad time to buy’ major household items.
In terms of the Australian economy, 32% (up 1% — and the highest since March 2008) of Australians say we’ll have ‘good times’ financially in the next 12 months compared to (24%, down 5% — and the lowest since December 2007) that say we’ll have ‘bad times’ financially.
In the longer-term, 44% down 2%) of Australians expect ‘good times’ economically over the next five years compared to 13% (unchanged) that expect Australia to have ‘bad times.’
In terms of personal finances, now 41% (down 2%) of Australians expect their family to be ‘better off financially’ this time next year compared to just 13% (unchanged) of Australians that expect their family to be ‘worse off financially.’
Compared to a year ago 25% (unchanged) of Australians say their family is ‘better off financially’ compared to 33% (unchanged) of Australians that say their family is ‘worse off financially.’
Gary Morgan says:
“The weekly Roy Morgan Consumer Confidence Rating (116.2, down 1.6pts) has fallen for the first time in a month after rising strongly in June & July.
“Of worry to retailers will be the large fall in those who say ‘now is a good time to buy’ major household items (47%, down 7% — and back to the levels it was at in May this year). The fall suggests that the recent increased retail spending by Australians may now be at an end as the Rudd Government’s stimulus cheques have now been spent!
“With no more Government handouts for Australians on the way retailers will be keen to see the economy pick up so this Roy Morgan Consumer Confidence ‘indicator’ doesn’t fall again in coming weeks. The latest Roy Morgan unemployment estimate for July showed Australian unemployment virtually unchanged at 7.6% (down 0.2% from June) and similar to today’s latest ABS unemployment estimate — 5.8% (unchanged) — a good sign that the Australian economy remains strong despite the global economic slowdown — though the sleeper remains the total unemployment and under-employment — 1.83 million!”
This weekly Roy Morgan Consumer Confidence rating is based on 1,155 face-to-face interviews conducted Australia-wide with men and women aged 14 and over on the weekends of August 1/2, 2009.
For further information:
Gary Morgan: Office + 61 3 9224 5213 Mobile + 61 411 129 094
Michele Levine: Office + 61 3 9224 5215 Mobile + 61 411 129 093
Margin of Error
The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. The following table gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. The figures are approximate and for general guidance only, and assume a simple random sample. Allowance for design effects (such as stratification and weighting) should be made as appropriate.
|
Sample Size |
Percentage Estimate |
| |
40%-60% |
25% or 75% |
10% or 90% |
5% or 95% |
|
1,000 |
±3.2 |
±2.7 |
±1.9 |
±1.4 |
|
2009 Weekly Roy Morgan Consumer Confidence Rating Figures |
|
|
|
January |
February |
March |
April |
|
3/4 |
10/11 |
17/18 |
24/25 |
31/1 |
7/8 |
14/15 |
21/22 |
28/1 |
7/8 |
14/15 |
21/22 |
4/5 |
11/12 |
18/19 |
25/26 |
|
104.1 |
107.2 |
101.1 |
92.0 |
93.4 |
94.1 |
96.2 |
95.8 |
95.2 |
97.3 |
93.5 |
97.2 |
102.6 |
103.4 |
102.6 |
99.6 |
| |
|
January (Avg. - 1973 - 2009) |
February (Avg. - 1973 - 2009) |
March (Avg. - 1973 - 2009) |
April (Avg. - 1973 - 2009) |
|
111.2 |
111.1 |
108.6 |
107.8 |
| |
|
May |
June |
July |
August |
|
2/3 |
9/10 |
16/17 |
23/24 |
30/31 |
6/7 |
13/14 |
20/21 |
4/5 |
11/12 |
18/19 |
25/26 |
1/2 |
8/9 |
15/16 |
22/23 |
29/30 |
| 97.3 |
104.5 |
101.2 |
104.2 |
104.7 |
110.8 |
108.8 |
113.9 |
113.5 |
114.0 |
114.4 |
117.8 |
116.2 |
|
|
|
|
| |
|
May (Avg. - 1973 - 2009) |
June (Avg. - 1973 - 2009) |
July (Avg. - 1973 - 2009) |
August (Avg. - 1973 - 2009) |
|
108.5 |
105.5 |
105.2 |
108.5 |
| |
|
September |
October |
November |
December |
|
5/6 |
12/13 |
19/20 |
3/4 |
10/11 |
17/18 |
24/25 |
31/1 |
7/8 |
14/15 |
21/22 |
28/29 |
5/6 |
12/13 |
19/20 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
September (Avg. - 1973 - 2008) |
October (Avg. - 1973 - 2008) |
November (Avg. - 1973 - 2008) |
December (Avg. - 1973 - 2008) |
|
105.0 |
106.5 |
104.9 |
106.0 |
| |
|
Weekly Roy Morgan Consumer Confidence 2009 Average: |
103.3 |
|
|
Overall Roy Morgan Consumer Confidence Average (1973 — 2009): |
107.4 |
|
|
1973 - 2009 Monthly Roy Morgan Consumer Confidence Rating Figures |
|
Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Yearly
Average |
|
1973 |
|
|
119.2 |
|
|
117.0 |
|
|
108.4 |
|
|
103.8 |
112.1 |
|
1974 |
|
|
103.2 |
|
|
95.6 |
|
|
90.6 |
|
|
92.2 |
95.4 |
|
1975 |
|
|
114.0 |
|
|
104.2 |
|
|
100.8 |
|
|
103.0 |
105.5 |
|
1976 |
113.6 |
|
107.0 |
110.2 |
|
107.0 |
105.6 |
|
108.0 |
108.8 |
101.2 |
|
107.7 |
|
1977 |
104.2 |
|
98.6 |
101.6 |
|
103.8 |
99.4 |
|
105.0 |
104.4 |
109.4 |
|
103.3 |
|
1978 |
119.2 |
|
114.8 |
110.8 |
|
109.6 |
101.6 |
|
91.2 |
104.4 |
103.6 |
|
106.9 |
|
1979 |
110.2 |
|
106.2 |
109.4 |
|
92.6 |
90.2 |
|
99.4 |
97.6 |
98.8 |
|
100.6 |
|
1980 |
98.8 |
|
100.8 |
97.4 |
|
101.6 |
98.2 |
|
104.4 |
109.8 |
106.4 |
|
102.2 |
|
1981 |
113.4 |
|
111.8 |
101.8 |
|
100.8 |
95.0 |
|
92.4 |
98.2 |
98.0 |
|
101.4 |
|
1982 |
92.4 |
|
91.8 |
93.6 |
|
92.2 |
80.4 |
|
84.6 |
81.2 |
75.2 |
|
86.4 |
|
1983 |
87.8 |
|
97.4 |
96.0 |
|
95.4 |
98.2 |
|
100.6 |
106.4 |
113.2 |
|
99.4 |
|
1984 |
124.6 |
|
120.8 |
120.8 |
|
115.6 |
116.6 |
|
118.2 |
117.8 |
114.6 |
|
118.6 |
|
1985 |
114.8 |
|
110.2 |
99.4 |
|
98.0 |
100.8 |
|
106.8 |
107.8 |
94.8 |
|
104.1 |
|
1986 |
105.4 |
|
103.8 |
94.6 |
94.8 |
91.6 |
79.8 |
79.8 |
78.8 |
89.8 |
85.6 |
88.8 |
90.3 |
|
1987 |
90.4 |
88.0 |
86.8 |
90.8 |
91.8 |
93.4 |
98.6 |
96.4 |
94.8 |
104.0 |
87.2 |
93.0 |
92.9 |
|
1988 |
100.4 |
98.8 |
103.6 |
106.2 |
104.0 |
104.0 |
107.6 |
108.2 |
112.4 |
108.8 |
104.2 |
105.8 |
105.3 |
|
1989 |
105.0 |
94.6 |
88.4 |
88.4 |
87.4 |
72.8 |
73.0 |
78.8 |
82.0 |
79.0 |
81.0 |
80.0 |
84.2 |
|
1990 |
101.6 |
95.6 |
83.4 |
88.3 |
84.7 |
83.1 |
79.6 |
83.9 |
75.6 |
71.4 |
73.1 |
71.3 |
82.6 |
|
1991 |
78.5 |
85.4 |
85.0 |
87.2 |
87.7 |
88.6 |
98.1 |
95.2 |
93.3 |
95.8 |
91.1 |
83.0 |
89.1 |
|
1992 |
93.6 |
95.9 |
96.2 |
105.4 |
101.6 |
97.7 |
95.4 |
96.9 |
96.8 |
101.2 |
93.6 |
92.9 |
97.3 |
|
1993 |
100.8 |
100.4 |
105.9 |
102.3 |
102.2 |
96.2 |
96.6 |
100.8 |
90.2 |
103.5 |
111.9 |
108.5 |
101.6 |
|
1994 |
120.5 |
127.5 |
125.7 |
127.7 |
125.2 |
128.0 |
127.6 |
123.8 |
123.6 |
124.6 |
118.1 |
118.0 |
124.2 |
|
1995 |
112.3 |
112.4 |
113.9 |
114.7 |
112.0 |
112.4 |
110.2 |
115.5 |
111.7 |
116.2 |
114.3 |
111.9 |
113.1 |
|
1996 |
116.7 |
119.1 |
123.7 |
121.5 |
118.8 |
117.8 |
112.3 |
114.4 |
113.2 |
111.3 |
113.4 |
113.2 |
116.3 |
|
1997 |
119.2 |
115.1 |
116.2 |
112.5 |
114.2 |
115.5 |
110.7 |
111.7 |
112.4 |
112.8 |
111.6 |
110.6 |
113.5 |
|
1998 |
117.8 |
116.0 |
114.9 |
110.2 |
114.4 |
109.8 |
107.6 |
111.1 |
111.0 |
113.9 |
114.2 |
114.7 |
112.8 |
|
1999 |
122.1 |
121.8 |
122.5 |
119.6 |
122.5 |
122.2 |
118.2 |
122.8 |
122.3 |
119.6 |
122.8 |
122.2 |
121.6 |
|
2000 |
122.3 |
119.9 |
112.9 |
116.6 |
112.0 |
108.7 |
114.8 |
119.1 |
115.8 |
115.6 |
110.3 |
112.3 |
115.0 |
|
2001 |
119.9 |
109.5 |
106.2 |
103.6 |
107.4 |
108.6 |
115.3 |
116.4 |
120.9* |
106.8 |
109.4 |
113.3 |
111.4 |
|
2002 |
124.8 |
123.0 |
122.3 |
123.2 |
124.0 |
116.4 |
123.4 |
119.9 |
122.1 |
117.2 |
114.0 |
109.6 |
120.0 |
|
2003 |
122.5 |
113.4 |
109.9 |
120.8 |
127.0 |
122.4 |
123.2 |
122.4 |
123.2 |
121.2 |
124.2 |
120.4 |
120.9 |
| 2004 |
126.0 |
126.8 |
130.4 |
124.4 |
125.0 |
125.6 |
128.9 |
127.6 |
126 |
128.9 |
124.8 |
125.5 |
126.7 |
| 2005 |
133.2 |
132.0 |
121.5 |
119.4 |
119.5 |
118.8 |
116.8 |
120.6 |
114.3 |
105.4 |
110.6 |
117.7 |
119.2 |
| 2006 |
124.3 |
124.5 |
124.4 |
120.1 |
106.8 |
115.1 |
118.1 |
103.7^ |
108.6 |
115.8 |
111.5 |
117.4 |
115.9 |
| 2007 |
123.9 |
123.8 |
120.7 |
124.3 |
122.5 |
122.3 |
126.8 |
125.2 |
118.2 |
126.2 |
124.9 |
126.8 |
123.8 |
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
|
| 2008 |
118.6 |
115.8 |
109.5 |
100.1 |
97.1 |
90.7 |
92.0 |
94.7 |
101.2 |
90.4 |
93.1 |
99.8 |
100.2 |
| 2009 |
101.1 |
94.9 |
95.8 |
102.0 |
101.8 |
109.6 |
114.9 |
116.2 |
|
|
|
|
104.5 |
* The Roy Morgan Consumer Confidence Rating for September 15/16, 2001, conducted by telephone, was 102.3.
^ 84 of the 107 Western Australian interviews were conducted by telephone on August 9/10 due to a recent Southern WA Cyclone |
Results for the weekly Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2009 (July - September) - Weekly |
July |
August |
September |
| 4/5 |
11/12 |
18/19 |
25/26 |
1/2 |
8/9 |
15/16 |
22/23 |
29/30 |
5/6 |
12/13 |
19/20 |
|
Interviews |
1,466 |
1,018 |
1,130 |
1,008 |
1,155 |
|
|
|
|
|
|
|
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
26 |
27 |
25 |
25 |
25 |
|
|
|
|
|
|
|
|
|
worse off |
38 |
34 |
35 |
33 |
33 |
|
|
|
|
|
|
|
|
QUESTION 1 difference |
-12 |
-7 |
-10 |
-8 |
-8 |
|
|
|
|
|
|
|
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
42 |
40 |
41 |
43 |
41 |
|
|
|
|
|
|
|
|
|
worse off |
16 |
13 |
15 |
13 |
13 |
|
|
|
|
|
|
|
|
QUESTION 2 difference |
26 |
27 |
26 |
30 |
28 |
|
|
|
|
|
|
|
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
29 |
25 |
28 |
31 |
32 |
|
|
|
|
|
|
|
|
|
bad times |
34 |
31 |
30 |
29 |
24 |
|
|
|
|
|
|
|
|
QUESTION 3 difference |
-54 |
-6 |
-2 |
2 |
8 |
|
|
|
|
|
|
|
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
47 |
43 |
45 |
46 |
44 |
|
|
|
|
|
|
|
|
|
bad times |
15 |
15 |
13 |
13 |
13 |
|
|
|
|
|
|
|
|
QUESTION 4 difference |
32 |
28 |
32 |
33 |
31 |
|
|
|
|
|
|
|
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
52 |
51 |
49 |
54 |
47 |
|
|
|
|
|
|
|
|
|
bad time to buy |
24 |
23 |
24 |
22 |
24 |
|
|
|
|
|
|
|
|
QUESTION 5 difference |
28 |
28 |
25 |
32 |
23 |
|
|
|
|
|
|
|
|
|
|
Weekly Roy Morgan Consumer Confidence Rating |
113.5 |
114.0 |
114.4 |
117.8 |
116.2 |
|
|
|
|
|
|
|
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
Results for the weekly Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2009 (April - June) - Weekly |
April |
May |
June |
| 4/5 |
11/12 |
18/19 |
25/26 |
2/3 |
9/10 |
16/17 |
23/24 |
30/31 |
6/7 |
13/14 |
20/21 |
|
Interviews |
1,486 |
987 |
1,145 |
1,051 |
1,106 |
1,032 |
1,122 |
1,065 |
1,082 |
1,083 |
1,010 |
997 |
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
30 |
27 |
25 |
29 |
25 |
26 |
25 |
25 |
27 |
26 |
24 |
25 |
|
|
worse off |
32 |
33 |
37 |
35 |
35 |
35 |
34 |
35 |
35 |
34 |
36 |
32 |
|
QUESTION 1 difference |
-2 |
-6 |
-12 |
-6 |
-10 |
-9 |
-9 |
-10 |
-8 |
-8 |
-12 |
-7 |
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
39 |
37 |
38 |
33 |
33 |
38 |
36 |
38 |
38 |
40 |
39 |
39 |
|
|
worse off |
16 |
17 |
16 |
20 |
22 |
17 |
19 |
18 |
19 |
15 |
18 |
15 |
|
QUESTION 2 difference |
23 |
20 |
22 |
13 |
11 |
21 |
17 |
20 |
19 |
25 |
21 |
24 |
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
15 |
17 |
18 |
15 |
12 |
19 |
16 |
19 |
19 |
22 |
24 |
27 |
|
|
bad times |
55 |
52 |
50 |
53 |
58 |
46 |
51 |
45 |
48 |
34 |
43 |
31 |
|
QUESTION 3 difference |
-40 |
-35 |
-32 |
-38 |
-46 |
-27 |
-35 |
-26 |
-29 |
-12 |
-19 |
-4 |
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
35 |
37 |
39 |
35 |
35 |
39 |
36 |
39 |
38 |
40 |
47 |
44 |
|
|
bad times |
21 |
17 |
18 |
21 |
21 |
19 |
22 |
19 |
20 |
16 |
18 |
13 |
|
QUESTION 4 difference |
14 |
20 |
21 |
14 |
14 |
20 |
14 |
20 |
18 |
24 |
29 |
31 |
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
46 |
45 |
44 |
45 |
46 |
46 |
47 |
45 |
49 |
49 |
51 |
50 |
|
|
bad time to buy |
27 |
28 |
29 |
30 |
29 |
28 |
28 |
27 |
25 |
24 |
27 |
25 |
|
QUESTION 5 difference |
19 |
17 |
15 |
15 |
17 |
18 |
19 |
18 |
24 |
25 |
24 |
25 |
|
|
|
Weekly Roy Morgan Consumer Confidence Rating |
102.6 |
103.4 |
102.6 |
99.6 |
97.3 |
104.5 |
101.2 |
104.2 |
104.7 |
110.8 |
108.8 |
113.9 |
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
Results for the weekly Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2009 (January - March) - Weekly |
Jan |
|
|
| 3/4 |
10/11 |
17/18 |
24/25 |
31/1(Feb) |
7/8 |
14/15 |
21/22 |
28/1(Mar) |
7/8 |
14/15 |
21/22 |
|
Interviews |
981 |
1,053 |
1,023 |
1,129 |
927 |
993 |
916 |
1,145 |
1,016 |
1,133 |
1,046 |
1,042 |
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
28 |
33 |
29 |
26 |
26 |
30 |
25 |
26 |
25 |
28 |
26 |
27 |
|
|
worse off |
31 |
32 |
34 |
37 |
37 |
36 |
37 |
37 |
37 |
34 |
37 |
36 |
|
QUESTION 1 difference |
-3 |
1 |
-5 |
-11 |
-11 |
-6 |
-12 |
-11 |
-12 |
-6 |
-11 |
-9 |
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
36 |
42 |
36 |
32 |
36 |
37 |
32 |
34 |
33 |
34 |
32 |
32 |
|
|
worse off |
20 |
17 |
19 |
25 |
21 |
21 |
21 |
21 |
22 |
19 |
23 |
21 |
|
QUESTION 2 difference |
16 |
25 |
17 |
7 |
15 |
16 |
11 |
13 |
11 |
15 |
9 |
11 |
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
17 |
20 |
15 |
13 |
11 |
11 |
13 |
13 |
13 |
12 |
12 |
16 |
|
|
bad times |
48 |
47 |
51 |
61 |
60 |
62 |
54 |
54 |
59 |
57 |
60 |
56 |
|
QUESTION 3 difference |
-31 |
-27 |
-36 |
-48 |
-49 |
-51 |
-41 |
-41 |
-46 |
-45 |
-48 |
-40 |
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
35 |
37 |
32 |
28 |
29 |
28 |
32 |
30 |
31 |
33 |
32 |
33 |
|
|
bad times |
19 |
20 |
22 |
27 |
25 |
27 |
26 |
26 |
24 |
23 |
27 |
22 |
|
QUESTION 4 difference |
16 |
17 |
10 |
1 |
4 |
1 |
6 |
4 |
7 |
10 |
5 |
11 |
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
48 |
48 |
45 |
43 |
43 |
43 |
46 |
43 |
45 |
44 |
44 |
44 |
|
|
bad time to buy |
25 |
29 |
26 |
33 |
35 |
32 |
30 |
30 |
30 |
31 |
31 |
31 |
|
QUESTION 5 difference |
23 |
19 |
19 |
10 |
8 |
11 |
16 |
13 |
15 |
13 |
13 |
13 |
|
|
|
Weekly Roy Morgan Consumer Confidence Rating |
104.1 |
107.2 |
101.1 |
92.0 |
93.4 |
94.1 |
96.2 |
95.8 |
95.2 |
97.3 |
93.5 |
97.2 |
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
Results for the weekly Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2008 (October - December) - Weekly |
|
|
|
| 4/5 |
11/12 |
18/19 |
25/26 |
1/2 |
8/9 |
15/16 |
22/23 |
29/30 |
6/7 |
13/14 |
20/21 |
|
Interviews |
1,183 |
981 |
1,064 |
1,072 |
1,060 |
1,100 |
1,045 |
989 |
1,140 |
1,109 |
1,016 |
988 |
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
25 |
26 |
27 |
25 |
26 |
28 |
23 |
26 |
27 |
27 |
29 |
31 |
|
|
worse off |
38 |
41 |
37 |
42 |
40 |
36 |
37 |
37 |
36 |
36 |
35 |
34 |
|
QUESTION 1 difference |
-13 |
-15 |
-10 |
-17 |
-14 |
-8 |
-14 |
-11 |
-9 |
-9 |
-6 |
-3 |
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
38 |
34 |
34 |
32 |
34 |
37 |
32 |
37 |
36 |
34 |
38 |
37 |
|
|
worse off |
22 |
23 |
24 |
27 |
25 |
20 |
23 |
23 |
20 |
20 |
19 |
20 |
|
QUESTION 2 difference |
16 |
11 |
10 |
5 |
9 |
17 |
9 |
14 |
16 |
14 |
19 |
17 |
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
19 |
14 |
15 |
14 |
14 |
19 |
16 |
17 |
18 |
18 |
16 |
16 |
|
|
bad times |
44 |
49 |
48 |
54 |
51 |
49 |
50 |
49 |
47 |
46 |
46 |
48 |
|
QUESTION 3 difference |
-25 |
-35 |
-33 |
-40 |
-37 |
-33 |
-34 |
-32 |
-29 |
-28 |
-30 |
-32 |
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
28 |
28 |
27 |
28 |
30 |
30 |
26 |
30 |
31 |
29 |
30 |
33 |
|
|
bad times |
22 |
26 |
26 |
28 |
25 |
21 |
26 |
22 |
23 |
22 |
22 |
19 |
|
QUESTION 4 difference |
6 |
2 |
1 |
0 |
5 |
9 |
0 |
8 |
8 |
7 |
8 |
14 |
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
29 |
26 |
30 |
28 |
31 |
33 |
33 |
33 |
39 |
40 |
43 |
46 |
|
|
bad time to buy |
40 |
43 |
45 |
40 |
43 |
39 |
37 |
37 |
36 |
33 |
34 |
26 |
|
QUESTION 5 difference |
-11 |
-17 |
-15 |
-12 |
-12 |
-6 |
-4 |
-4 |
3 |
7 |
9 |
20 |
|
|
|
Weekly Roy Morgan Consumer Confidence Rating |
94.2 |
89.5 |
90.7 |
87.3 |
90.3 |
95.8 |
91.2 |
94.9 |
97.8 |
98.4 |
99.9 |
103.0 |
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
Results for the Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2008 (January - September) - Monthly |
|
|
|
|
|
|
|
Aug |
|
| 2/3 |
30/31 |
|
Interviews |
1,027 |
994 |
1,176 |
1,121 |
1,186 |
1,081 |
999 |
1,075 |
1,042 |
1,057 |
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
33 |
35 |
30 |
29 |
27 |
22 |
28 |
25 |
27 |
28 |
|
|
worse off |
25 |
25 |
30 |
34 |
35 |
45 |
40 |
43 |
39 |
39 |
|
QUESTION 1 difference |
8 |
10 |
0 |
-5 |
-8 |
-23 |
-12 |
-18 |
-12 |
-11 |
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
39 |
40 |
39 |
37 |
32 |
31 |
35 |
35 |
36 |
38 |
|
|
worse off |
16 |
17 |
17 |
22 |
27 |
31 |
29 |
25 |
22 |
22 |
|
QUESTION 2 difference |
23 |
23 |
22 |
15 |
5 |
0 |
6 |
10 |
14 |
16 |
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
38 |
36 |
32 |
25 |
26 |
22 |
19 |
18 |
24 |
25 |
|
|
bad times |
25 |
30 |
30 |
37 |
39 |
39 |
48 |
48 |
37 |
38 |
|
QUESTION 3 difference |
13 |
6 |
2 |
-12 |
-13 |
-17 |
-29 |
-30 |
-13 |
-13 |
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
35 |
37 |
33 |
29 |
29 |
26 |
26 |
25 |
31 |
30 |
|
|
bad times |
18 |
20 |
20 |
24 |
26 |
26 |
33 |
28 |
23 |
21 |
|
QUESTION 4 difference |
17 |
17 |
13 |
5 |
3 |
0 |
-7 |
-3 |
8 |
9 |
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
52 |
46 |
39 |
33 |
34 |
33 |
36 |
32 |
32 |
35 |
|
|
bad time to buy |
20 |
23 |
29 |
35 |
36 |
38 |
32 |
40 |
32 |
30 |
|
QUESTION 5 difference |
32 |
23 |
10 |
-2 |
-2 |
-5 |
4 |
-8 |
0 |
5 |
|
|
|
Roy Morgan Consumer Confidence Rating |
118.6 |
115.8 |
109.5 |
100.1 |
97.1 |
90.7 |
92.0 |
90.1 |
99.3 |
101.2 |
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
Results for the Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2007 (January - December) - Monthly |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interviews |
1,077 |
1,251 |
1,115 |
1,150 |
1,215 |
1,016 |
937 |
929 |
1,053 |
1,084 |
1,077 |
1,006 |
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
36 |
34 |
35 |
36 |
34 |
34 |
37 |
40 |
33 |
40 |
37 |
38 |
|
|
worse off |
25 |
26 |
26 |
24 |
27 |
25 |
27 |
23 |
27 |
21 |
24 |
20 |
|
QUESTION 1 difference |
11 |
8 |
9 |
12 |
7 |
9 |
10 |
17 |
6 |
19 |
13 |
18 |
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
41 |
46 |
39 |
42 |
41 |
39 |
44 |
44 |
39 |
45 |
42 |
44 |
|
|
worse off |
16 |
15 |
15 |
13 |
14 |
16 |
14 |
13 |
15 |
12 |
12 |
12 |
|
QUESTION 2 difference |
25 |
31 |
24 |
29 |
27 |
23 |
30 |
31 |
24 |
33 |
30 |
32 |
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
44 |
44 |
41 |
43 |
46 |
45 |
48 |
43 |
40 |
44 |
45 |
47 |
|
|
bad times |
21 |
21 |
21 |
19 |
19 |
19 |
17 |
20 |
23 |
16 |
16 |
13 |
|
QUESTION 3 difference |
23 |
23 |
20 |
24 |
27 |
26 |
31 |
23 |
17 |
28 |
29 |
34 |
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
37 |
37 |
36 |
37 |
35 |
34 |
38 |
38 |
34 |
37 |
39 |
39 |
|
|
bad times |
17 |
20 |
21 |
19 |
19 |
19 |
16 |
16 |
20 |
16 |
16 |
14 |
|
QUESTION 4 difference |
20 |
17 |
15 |
18 |
16 |
15 |
22 |
22 |
14 |
21 |
23 |
25 |
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
57 |
56 |
52 |
53 |
52 |
54 |
58 |
51 |
50 |
49 |
50 |
47 |
|
|
bad time to buy |
17 |
16 |
16 |
15 |
17 |
16 |
17 |
18 |
20 |
19 |
21 |
22 |
|
QUESTION 5 difference |
40 |
40 |
36 |
38 |
35 |
38 |
41 |
33 |
30 |
30 |
29 |
25 |
|
|
|
Roy Morgan Consumer Confidence Rating |
123.9 |
123.8 |
120.7 |
124.3 |
122.5 |
122.3 |
126.8 |
125.2 |
118.2 |
126.2 |
124.9 |
126.8 |
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
Results for the Roy Morgan Consumer Confidence Rating*
for the component questions over the more recent surveys are as follows: |
|
2006 (January - December) - Monthly |
|
|
|
|
|
|
|
|
|
|
|
|
|
Interviews |
1,062 |
1,163 |
1,125 |
1,165 |
1,149 |
1,144 |
1,215 |
1,132 |
1,085 |
1,069 |
1,161 |
1,208 |
|
Q1 Would you say you and your family are better-off financially or worse off than you were at this time last year? |
|
Over the past year |
better off |
31 |
35 |
34 |
34 |
30 |
32 |
32 |
30 |
32 |
32 |
35 |
36 |
|
|
worse off |
26 |
25 |
25 |
27 |
35 |
30 |
31 |
34 |
32 |
27 |
27 |
24 |
|
QUESTION 1 difference |
5 |
10 |
9 |
7 |
-5 |
2 |
1 |
-4 |
0 |
5 |
8 |
12 |
|
Q2 This time next year, do you and your family expect to be better-off financially or worse off than you are now? |
|
|
better off |
42 |
44 |
45 |
43 |
37 |
41 |
40 |
35 |
38 |
39 |
39 |
41 |
|
|
worse off |
14 |
14 |
14 |
16 |
22 |
19 |
19 |
26 |
21 |
16 |
19 |
13 |
|
QUESTION 2 difference |
28 |
30 |
31 |
27 |
15 |
22 |
21 |
9 |
17 |
23 |
20 |
28 |
|
Q3 Thinking of economic conditions in Australia as a whole. In the next 12 months, do you expect we'll
have good times financially, bad times or some good and some bad? |
|
|
good times |
41 |
44 |
42 |
41 |
32 |
38 |
42 |
29 |
34 |
38 |
33 |
39 |
|
|
bad times |
21 |
21 |
20 |
25 |
34 |
26 |
25 |
38 |
32 |
26 |
31 |
24 |
|
QUESTION 3 difference |
20 |
23 |
22 |
16 |
-2 |
12 |
17 |
-9 |
2 |
12 |
2 |
15 |
|
Q4 Looking ahead, what would you say is more likely, that in Australia as a whole, we'll have continuous good times
during the next five years of so - or we'll have bad times - or some good and some bad? |
|
|
good times |
36 |
35 |
34 |
34 |
30 |
29 |
33 |
29 |
30 |
32 |
28 |
33 |
|
|
bad times |
20 |
20 |
19 |
23 |
25 |
24 |
23 |
27 |
28 |
24 |
28 |
23 |
|
QUESTION 4 difference |
16 |
15 |
15 |
11 |
5 |
5 |
10 |
2 |
2 |
8 |
0 |
10 |
|
Q5 Generally, do you think now is a good time - or a bad time - for people to buy major household items? |
|
|
good time to buy |
64 |
59 |
58 |
55 |
45 |
51 |
57 |
46 |
45 |
50 |
49 |
45 |
|
|
bad time to buy |
12 |
14 |
13 |
15 |
24 |
17 |
16 |
27 |
23 |
19 |
22 |
23 |
|
QUESTION 5 difference |
52 |
45 |
45 |
40 |
21 |
34 |
41 |
19 |
22 |
31 |
27 |
22 |
|
|
|
Roy Morgan Consumer Confidence Rating |
124.3 |
124.5 |
124.4 |
120.1 |
106.8 |
115.1 |
118.1 |
103.7 |
108.6 |
115.8 |
111.5 |
117.4 |
|
|
* The Roy Morgan Consumer Confidence Rating is 100.0 plus the simple unweighted average of the difference between the percentage of respondents who give a favourable and those who give unfavourable answers to five key questions. |
|
