ANZ-Roy Morgan Consumer Confidence virtually unchanged at 75 before this week’s Reserve Bank interest rate meeting
ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 75, up 0.3 points in the week before the Reserve Bank meeting. Consumer Confidence is 14.3pts lower than a year ago, August 4-10, 2025 (89.3), and now 3pts above the 2026 weekly average of 72.
An analysis by State shows mixed results with increases for Consumer Confidence in Victoria – after former Premier Jacinta Allan was forced out and replaced with new leader Ben Carroll, as well as Western Australia, and South Australia, while down in New South Wales, and Queensland.
Consumer Confidence was virtually unchanged with slightly fewer people concerned about the Australian economy’s performance going forward offset by more people saying now is a ‘bad time to buy’ major household items.
Now 16% (unchanged) of Australians say their families are ‘better off’ financially than this time last year compared to a majority of 51% (unchanged) that say their families are ‘worse off’.
Views on personal finances over the next year improved significantly this week with 23% (unchanged) of respondents expecting their family will be ‘better off’ financially this time next year, while 39% (up 1ppt), expect to be ‘worse off’.
Net sentiment regarding the economy over the next year improved this week with 7% (unchanged) of Australians, expecting ‘good times’ compared to 37% (down 4ppts), that expect ‘bad times’.
Australians are less worried about the economy’s performance over the next five years this week with 8% (down 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to just over a quarter, 26% (down 3ppts), expecting ‘bad times’.
Net buying intentions deteriorated this week with 19% (up 1ppt) of respondents saying now is a ‘good time to buy’ major household items compared to 44% (up 4ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
“ANZ-Roy Morgan Australian Consumer Confidence was relatively steady last week, rising just 0.3pts. Households reported feeling more confident in the 12-month and 5-year outlooks for the economy. However, households’ confidence in the 12-month outlook for their finances declined 1.5pts, and inflation expectations picked up. This may have been driven by a pick-up in petrol prices.
Across the housing cohorts, confidence declined for households paying off a mortgage but lifted for renters and outright homeowners. This comes ahead of today’s RBA meeting where we expect the RBA will keep rates on hold at 4.35%.”
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 |
