ANZ’s Head of Australian Economics, David Plank, commented:
“Consumer confidence has been volatile in January, with no clear trend. We think the bounce over the past week was likely due to encouraging employment numbers on the domestic front and the end of the US government shutdown. Importantly, consumer sentiment remains well above the long-run average and provides some offset to the recent downbeat news on business conditions. Critical to continued good cheer for households will be the performance of the labour market.”
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Roy Morgan is the largest independent Australian research company, with offices throughout Australia, as well as in Indonesia, the United States and the United Kingdom. A full service research organisation specialising in omnibus and syndicated data, Roy Morgan has over 70 years’ experience in collecting objective, independent information on consumers.
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.
25% or 75%
10% or 90%
5% or 95%