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ANZ-Roy Morgan Consumer Confidence up 6.4pts to 114.1 after Greater Brisbane lockdown ends – highest since September 2019

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,455 online and telephone interviews conducted Australia-wide with men and women aged 14 and over the weekend April 10/11, 2021.
ANZ-Roy Morgan Consumer Confidence increased 6.4pts to 114.1 a week after the lockdown of Greater Brisbane ended and Australians enjoyed the four-day Easter long weekend. Consumer Confidence is now well above the 2021 weekly average of 110.6 and a huge 35.9pts higher than the same week a year ago, April 11/12, 2020 (78.2).

The increase in Consumer Confidence this week comes on the back of big rebounds in Greater Brisbane and NSW which had been impacted by cases of COVID-19 a week earlier and tighter restrictions including a short lockdown in SE Queensland.

Current financial conditions

  • Now 31% (up 4ppts) of Australians say their families are ‘better off’ financially than this time last year (the highest figure for this indicator for over a year since mid-March 2020) and 25% (down 4ppts), say their families are ‘worse off’ financially (the highest figure for this indicator for over a year since early March 2020).


Future financial conditions

  • In addition, 41% (up 2ppts) of Australians expect their family to be ‘better off’ financially this time next year compared to only 13% (down 4ppts) that expect to be ‘worse off’ financially.


Current economic conditions

  • Just over one-in-five Australians, 22% (up 3ppts), expect ‘good times’ for the Australian economy over the next 12 months while only 16% (down 4ppts), expect ‘bad times’.


Future economic conditions

  • In the longer term, nearly a quarter of Australians, 24% (up 3ppts), are expecting ‘good times’ for the economy over the next five years compared to 12% (down 1ppt) expecting ‘bad times’.


Time to buy a major household item

  • Over two-fifths of Australians, 43% (up 4ppts) say now is a ‘good time to buy’ major household items while 25% (down 3ppts) say now is a ‘bad time to buy’.


ANZ Head of Australian Economics, David Plank, commented:

"The receding of the Brisbane lockdown and announcement of the Trans-Tasman travel bubble has seen confidence jump sharply, to above its long-run average and the highest level since late 2019. The jump has occurred despite the delay in the COVID-19 vaccine rollout. In an article last week we argued that while the direct economic impact of the Trans-Tasman travel bubble might be a small negative, it was likely to be more than offset by the impact on sentiment as the restoration of normality comes at least somewhat closer. These data confirm this expectation."

Latest ANZ-Roy Morgan Consumer Confidence Releases.


Latest ANZ-Roy Morgan Australian & Asia-Pacific Consumer Confidence Data Tables

ANZ-Roy Morgan Weekly Australian Consumer Confidence Results (All 5 Questions)
ANZ-Roy Morgan 2020 Weekly Australian Consumer Confidence Results
ANZ-Roy Morgan Monthly Australian Consumer Confidence Results (1973-2021)
ANZ-Roy Morgan New Zealand Consumer Confidence Results (All 5 Questions)
Roy Morgan Indonesian Consumer Confidence Results (All 5 Questions)
ANZ-Roy Morgan Asia-Pacific Consumer Confidence Results (Headline Figures)


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.

You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates.

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About Roy Morgan

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.

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