ANZ-Roy Morgan Consumer Confidence drops 1.3pts to 85.4 as Israel and Iran conflict threatens to engulf Middle East
ANZ-Roy Morgan Consumer Confidence dropped 1.3pts to 85.4 in the week a conflict between Israel and Iran erupted in the Middle East and threatened global economic stability – including the price of oil. Consumer Confidence is 5.1 points above the same week a year ago, June 10-16, 2024 (80.3) and now just below the 2025 weekly average of 86.2.
An analysis by State shows mixed results with Consumer Confidence down in the largest States of New South Wales and Victoria, up in Queensland and South Australia, and unchanged in Western Australia.
A look across the index shows gentle declines in net sentiment across all five indicators – with the largest driver of the fall being increasing concern about personal finances over the next 12 months.
A fifth of Australians, 20% (unchanged), say their families are ‘better off’ financially than this time last year compared to 43% (up 1ppt) that say their families are ‘worse off’.
Net views on personal finances over the next year declined this week – despite more people expecting to be ‘better off’ this time next year. Now 27% (up 2ppts) of respondents expect their family will be ‘better off’ financially this time next year (rising off a five year low), while 34% (up 4ppts) expect to be ‘worse off’ (the highest figure for this indicator so far this year).
Views on the economy over the next year were down slightly this week with just 11% (down 1ppt) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to nearly a third, 30% (unchanged), that expect ‘bad times’.
Net sentiment regarding the Australian economy in the longer-term was down slightly this week with 12% (down 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to a quarter, 25% (unchanged), expecting ‘bad times’.
Net buying intentions were down this week with 23% (down 2ppts) of Australians saying now is a ‘good time to buy’ major household items compared to 34% (unchanged) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
ANZ-Roy Morgan Australian Consumer Confidence fell 1.3pts last week to 85.4pts, falling below its 2025 year-to-date average. Escalating geopolitical uncertainty may have supported the softer headline result and may also have supported the rise in ‘weekly inflation expectations’ through consumer expectations around increases in oil prices. Recent domestic data has been sluggish, including evidence pointing to a soft business sector following closely after the weak GDP print for Q1.
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 |
