ANZ-Roy Morgan Consumer Confidence increased 3.5 points to 74.7 in first week of August
ANZ-Roy Morgan Consumer Confidence increased 3.5 points to 74.7 in early August. Consumer Confidence is 15.9pts lower than a year ago, July 27 – August 2, 2025 (90.6), and now 2.8pts above the 2026 weekly average of 71.9.
An analysis by State shows Consumer Confidence up in the three largest States of New South Wales, Victoria, and Queensland, while falling in Western Australia, and South Australia.
Driving Consumer Confidence higher this week was more confidence across all five indicators, and especially more positive views on personal finances over the next year and the performance of the Australian economy over the next year and next five years.
Now 16% (unchanged) of Australians say their families are ‘better off’ financially than this time last year compared to a majority of 51% (down 1ppt) that say their families are ‘worse off’.
Views on personal finances over the next year improved significantly this week with 23% (up 3ppts) of respondents expecting their family will be ‘better off’ financially this time next year, while 39% (down 4ppts), expect to be ‘worse off’.
Net sentiment regarding the economy over the next year was virtually unchanged this week with 7% (up 1ppt) of Australians, expecting ‘good times’ compared to 41% (unchanged), that expect ‘bad times’.
Australians grew more confident about the economy’s performance over the next five years this week with 9% (up 2ppts) of Australians expecting ‘good times’ for the economy over the next five years compared to over a quarter, 29% (down 1ppt), expecting ‘bad times’.
Net buying intentions improved this week with 18% (up 1ppt) of respondents saying now is a ‘good time to buy’ major household items compared to 40% (down 4ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
“ANZ-Roy Morgan Australian Consumer Confidence rose 3.5pts last week, with all subindices higher. The improvement was led by greater confidence in personal finances over the next year. The lift in confidence and decline in weekly inflation expectations may have been influenced by last week’s Q2 inflation data, which showed trimmed mean inflation, the RBA’s preferred measure of underlying inflation, came in below the RBA’s expectations. This supports our view that the RBA will leave the cash rate unchanged at its August meeting.
However, we continue to see a risk of a rate hike in November. On a four-week moving average basis, inflation expectations remain elevated compared to the beginning of the year. The renewed escalation of conflict in the Middle East will likely keep the RBA alert to upside inflation risks.”
Check out the latest results for our weekly surveys on Business Confidence, Consumer Confidence, and Voting Intention as follows:
Roy Morgan Business Confidence Statistics
ANZ – Roy Morgan Consumer Confidence Statistics
Federal Voting – Government Confidence Rating
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
Consumer Confidence – Monthly Detailed Report in Australia.
Business Confidence – Monthly Detailed Report in Australia.
Consumer Banking Satisfaction - Monthly Report in Australia.
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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. Margin of error 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. 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 | ±3.0 | ±2.7 | ±1.9 | ±1.3 |
| 5,000 | ±1.4 | ±1.2 | ±0.8 | ±0.6 |
| 7,500 | ±1.1 | ±1.0 | ±0.7 | ±0.5 |
| 10,000 | ±1.0 | ±0.9 | ±0.6 | ±0.4 |
| 20,000 | ±0.7 | ±0.6 | ±0.4 | ±0.3 |
| 50,000 | ±0.4 | ±0.4 | ±0.3 | ±0.2 |
