ANZ-Roy Morgan Consumer Confidence up 0.5pts to 87.2 as buying sentiment improves for a second straight week
ANZ-Roy Morgan Consumer Confidence increased 0.5pts to 87.2 this week and is now at its highest since mid-May. Consumer Confidence is 5.9 points above the same week a year ago, June 24-30, 2024 (81.3) and just above the 2025 weekly average of 86.5.
An analysis by State shows mixed results with Consumer Confidence up in New South Wales and South Australia, down in Queensland and Western Australia and unchanged in Victoria.
This week’s small increase was driven by more confidence about buying conditions as the End of Financial Year Sales (EOFY Sales) continue through to the end of June.
Less than a fifth of Australians, 17% (down 4ppts), say their families are ‘better off’ financially than this time last year compared to 45% (up 1ppt) that say their families are ‘worse off’.
Net views on personal finances over the next year were virtually unchanged this week with 28% (unchanged) of respondents expecting their family will be ‘better off’ financially this time next year, while 33% (up 1ppt) expect to be ‘worse off’.
Views on the economy over the next year were virtually unchanged this week with just 11% (unchanged) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to nearly a third, 29% (down 1ppt), that expect ‘bad times’.
Net sentiment regarding the Australian economy in the longer-term improved marginally this week with 14% (up 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to just under a quarter, 24% (down 2ppts), expecting ‘bad times’.
Net buying intentions drove this week’s increase with over a quarter of respondents, 28% (up 2ppts) of Australians saying now is a ‘good time to buy’ major household items (the highest figure for this indicator so far this year) compared to 31% (down 2ppts) that say now is a ‘bad time to buy major household items’ (the lowest figure for this indicator for over three years since March 2022).
ANZ Economist, Sophia Angala, commented:
ANZ-Roy Morgan Australian Consumer Confidence rose 0.5pts last week to 87.2pts. The headline series continues to be driven by the upward momentum in the ‘time to buy a major household item’ subindex. End-of-financial-year sales has supported the subindex to its highest level since March 2022.
Confidence in the economic outlook strengthened last week as a rise in ABS job vacancies in the three months to May suggested the labour market is likely to remain tight. ‘Weekly inflation expectations’ was steady at 4.7%, despite monthly CPI data showing that core inflation printed at its lowest level since November 2021.
Overall, global trade uncertainty has eased since the 2 April tariff announcements; and the pace of growth in household disposable incomes, alongside expected RBA rate cuts in August 2025 and February 2026 should support an upward movement in ANZ-Roy Morgan Australian Consumer Confidence later this year.
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 |
