ANZ-Roy Morgan Consumer Confidence up 2pts to 73.9 as confidence about personal finances increases
ANZ-Roy Morgan Consumer Confidence increased 2pts to 73.9 in mid-September. Consumer Confidence is a large 12pts lower than a year ago, September 8-14, 2025 (85.3), but 1.5pts above the 2026 weekly average of 72.4.
An analysis by State shows confidence increasing in New South Wales, Victoria, and South Australia, but down in Queensland for a second straight week, and unchanged in Western Australia.
Consumer Confidence was driven higher this week due to increasing confidence about people’s personal finances, especially as compared to a year ago.
Now 17% (up 3ppts) of Australians say their families are ‘better off’ financially than this time last year compared to 51% (down 3ppts) that say their families are ‘worse off’.
Views on personal finances over the next year were slightly stronger this week with 23% (up 1ppt) of respondents expecting their family will be ‘better off’ financially this time next year, while 40% (down 1ppt), expect to be ‘worse off’.
Net sentiment regarding the economy over the next year was virtually unchanged with 8% (up 3ppts) of Australians, expecting ‘good times’ compared to 41% (up 2ppts), that expect ‘bad times’.
Australians’ views about the economy’s performance over the longer-term of the next five years is virtually unchanged with just 8% (up 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to nearly a third, 31% (up 2ppts), expecting ‘bad times’.
Net buying intentions were virtually unchanged this week with 19% (up 3ppts) of respondents saying now is a ‘good time to buy’ major household items compared to 43% (up 2ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
“ANZ-Roy Morgan Australian Consumer Confidence rose 2.0pts to 73.9pts last week, partially reversing the prior week’s fall, but remained well below the neutral 100 level. The lift was driven by improved confidence in personal finances, though financial confidence remains historically weak (Figure 3), likely reflecting inflationary pressures, global uncertainty and higher rates.
“Last week, RBA Deputy Governor Hauser noted that the RBA is alert to upside inflation risks and that the Board is willing to raise rates further if required. This may have driven the decline in confidence across mortgage holders last week, while confidence increased across outright homeowners and renters. We expect the RBA to increase the cash rate by 25bp in November.”
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 |
