ANZ-Roy Morgan Consumer Confidence drops 3.4pts to 85.9; driven by rising concerns about personal finances
ANZ-Roy Morgan Consumer Confidence dropped 3.4pts to 85.9 this week. Consumer Confidence is now 1.8 points above the same week a year ago, September 9-15, 2024 (81.9), but now 1pt below the 2025 weekly average of 86.9.
An analysis by State shows mixed results with Consumer Confidence down in Victoria, Western Australia and South Australia, but unchanged in Queensland and New South Wales.
The main driver of this week’s increase in Consumer Confidence was rising concern about personal finances over the next year which dropped by a net 9% points from a week ago.
Just over a fifth of Australians, 22% (unchanged), say their families are ‘better off’ financially than this time last year compared to 40% (unchanged) that say their families are ‘worse off’.
Net views on personal finances over the next year decreased with 26% (down 3ppts) of respondents expecting their family will be ‘better off’ financially this time next year (reversing last week’s increase), while 33% (up 6ppts) expect to be ‘worse off’ (reversing last week’s decrease).
Net sentiment regarding the economy over the next year weakened slightly this week with just 10% (down 1ppt) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to more than a quarter, 29% (up 1ppt), that expect ‘bad times’.
Net views regarding the Australian economy in the longer-term weakened this week with 10% (down 3ppts) of Australians expecting ‘good times’ for the economy over the next five years compared to a just over a quarter, 28% (up 3ppts), expecting ‘bad times’.
Net buying intentions were virtually unchanged this week with under a quarter of respondents, 24% (down 2ppts) saying now is a ‘good time to buy’ major household items compared to 32% (down 3ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
ANZ-Roy Morgan Australian Consumer Confidence has eased to its lowest level since mid June, declining 3.4pts to 85.9pts.
The decline was broad-based and included the weakest medium-term economic confidence in the last 15 years. Short-term economic confidence also fell to its fifth weakest result in 2025 so far (of 37 results this year). Recession concerns in the US following a deterioration in labour market data may have supported this. However, local forward-looking indicators such as ANZ-Indeed Job Ads point to a resilient labour market and economy in Australia.
Renter confidence (on a four-week moving average basis) has been on an uptrend and hit its third-strongest result since early 2023 this week, while outright owner and mortgageholder confidence have both dropped sharply in the last few weeks.
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 |
