ANZ-Roy Morgan Consumer Confidence up 1.3pts to 89.3; driven by more positive views about personal finances
ANZ-Roy Morgan Consumer Confidence increased 1.3pts to 89.3 this week. Consumer Confidence is now 7 points above the same week a year ago, September 2-8, 2024 (82.3) and 2.4pts above the 2025 weekly average of 86.9.
An analysis by State shows mixed results with Consumer Confidence up in Victoria, Queensland and South Australia, unchanged in Western Australia, and down in New South Wales.
The main driver of this week’s increase in Consumer Confidence was the improvement in views on personal finances over the next year which improved by a net 7% points from a week ago.
Just over a fifth of Australians, 22% (down 1ppt), say their families are ‘better off’ financially than this time last year compared to 40% (down 3ppts) that say their families are ‘worse off’.
Net views on personal finances over the next year improved with 29% (up 3ppts) of respondents expecting their family will be ‘better off’ financially this time next year, while 27% (down 4ppts) expect to be ‘worse off’ – this is the highest net rating for this indicator since the Federal Election.
Net sentiment regarding the economy over the next year weakened slightly this week with 11% (down 3ppts) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to more than a quarter, 28% (down 1ppt), that expect ‘bad times’.
Net views regarding the Australian economy in the longer-term were slightly stronger this week with 13% (unchanged) of Australians expecting ‘good times’ for the economy over the next five years compared to a quarter, 25% (down 2ppts), expecting ‘bad times’.
Net buying intentions were slightly weaker this week with over a quarter of respondents, 26% (unchanged) saying now is a ‘good time to buy’ major household items compared to 35% (up 3ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
ANZ-Roy Morgan Australian Consumer Confidence lifted 1.3pts last week to 89.3pts, remaining below the early August peak. Strengthening confidence in household finances drove last week’s rise, as the 12-month financial outlook rose to its highest level since late April and is the only subindex above the neutral 100 level (that is, there were more optimistic survey answers than pessimistic answers).
Economic confidence was steady this week despite Q2 GDP data last week pointing to a pick-up in economic momentum. We continue to expect income growth, tax cuts and RBA rate cuts to provide upward momentum to 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.
For comments or more information please contact:
Roy Morgan - Enquiries
Office: +61 (03) 9224 5309
askroymorgan@roymorgan.com
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 |
