ANZ-Roy Morgan Consumer Confidence up 2.9pts to 87.1 driven higher for second straight week by more confidence about buying conditions ahead of Black Friday sales weekend
ANZ-Roy Morgan Consumer Confidence increased 2.9pts to 87.1 and is now 1.4pts higher than a year ago, November 18-24, 2024 (85.7), and 0.7pts above the 2025 weekly average of 86.4.
An analysis by State shows Consumer Confidence up in most States including New South Wales, Victoria, Western Australia and South Australia, but down in Queensland.
Driving the index higher this week was improving sentiment that now is a ‘good time to buy’ major household items as we head towards this week’s Black Friday sales weekend.
A fifth of Australians, 20% (unchanged), say their families are ‘better off’ financially than this time last year compared to a plurality of 43% (down 1ppt) that say their families are ‘worse off’.
Views on personal finances over the next year improved this week with 28% (up 2ppts) of respondents expecting their family will be ‘better off’ financially this time next year, while 32% (down 1ppt) expect to be ‘worse off’.
Net sentiment regarding the economy over the next year improved slightly this week with 10% (up 1ppt) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to almost a third, 29% (unchanged), that expect ‘bad times’.
Net views regarding the Australian economy in the longer-term also improved this week with 11% (up 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to under a quarter, 23% (down 3ppts), expecting ‘bad times’.
Net buying intentions improved significantly this week with 27% (up 3ppts) of respondents saying now is a ‘good time to buy’ major household items compared to 33% (down 3ppts) that say now is a ‘bad time to buy major household items’. This index is now at its highest since early August 2025.
ANZ Economist, Sophia Angala, commented:
“ANZ-Roy Morgan Australian Consumer Confidence rose 2.9pts last week to 87.1pts, its highest level since early September. All subindices recorded an increase last week, but the result was driven by a jump in the ‘time to buy a major household item’ subindex. This was likely linked to sales events ahead of Black Friday on the 28 November.
‘Weekly inflation expectations’ lifted to its highest rate since December 2023. Last week’s rise comes ahead of the first release of the full monthly CPI for October (due 26 November), which we expect to show slight disinflation compared to September.”
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 |
