ANZ-Roy Morgan Consumer Confidence virtually unchanged at 86.3 in mid-July
ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 86.3 this week. Consumer Confidence is 1.9 points above the same week a year ago, July 15-21, 2024 (84.4) and in line with the 2025 weekly average of 86.5.
An analysis by State shows mixed results with Consumer Confidence down in Queensland and South Australia, up slightly in Victoria and New South Wales and virtually unchanged in Western Australia.
A fifth of Australians, 20% (down 1ppt), 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 down slightly this week with 26% (down 4ppts) of respondents expecting their family will be ‘better off’ financially this time next year, while 31% (down 2ppts) expect to be ‘worse off’.
Net sentiment regarding the economy over the next year improved slightly this week with just 11% (unchanged) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to over a quarter, 28% (down 2ppts), that expect ‘bad times’.
In addition, views regarding the Australian economy in the longer-term were also slightly improved this week with 13% (up 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to nearly a quarter, 23% (down 1ppt), expecting ‘bad times’.
Net buying intentions were virtually unchanged this week with just under a quarter of respondents, 24% (down 1ppt) saying now is a ‘good time to buy’ major household items compared to 35% (unchanged) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
The ANZ-Roy Morgan Australian Consumer Confidence series largely moved sideways last week, falling just 0.2pts to 86.3pts. The result was driven by a mixture of outcomes across the subindices. While household confidence in financial conditions weakened, confidence in economic conditions improved despite soft labour market data last week.
Confidence amongst mortgage holders is up, compared to two weeks ago, despite the RBA’s surprise decision to hold the cash rate at 3.85%. Confidence amongst renters declined to a 10-month low, with renters the least confident housing cohort.
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 |
