ANZ-Roy Morgan Consumer Confidence drops 2pts to 81.5; plunges to its lowest for over a year since August 2024
ANZ-Roy Morgan Consumer Confidence dropped 2pts to 81.5 and is now 2.4pts lower than a year ago, December 9-15, 2024 (83.9), and 2.8pts below the 2025 weekly average of 86.3. An analysis by State shows a split result with Consumer Confidence down in New South Wales, Victoria, Western Australia and South Australia, but up in Queensland after plunging a week ago.
Driving the weekly fall was a decline in ‘buying sentiment’ for a second straight week after the Black Friday sales weekend wrapped up, and a loss in confidence about the Australian economy’s prospects.
Just under a fifth of Australians, 19% (down 2ppts), say their families are ‘better off’ financially than this time last year compared to a plurality of 45% (unchanged) that say their families are ‘worse off’.
Views on personal finances over the next year were unchanged this week with 25% (unchanged) of respondents expecting their family will be ‘better off’ financially this time next year, while 35% (unchanged) expect to be ‘worse off’.
Net sentiment regarding the economy over the next year declined this week with 8% (down 1ppt) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to a third, 33% (up 2ppts), that expect ‘bad times’.
Net views regarding the Australian economy in the longer-term dropped to their lowest in almost 35 years this week with only 9% (unchanged) of Australians expecting ‘good times’ for the economy over the next five years compared to well over a quarter, 29% (up 1ppt), expecting ‘bad times’ – a net rating on this indicator of (-20) – the lowest rating for this indicator since January 1991 (-35).
Net buying intentions dropped for a second straight week following the end of the Black Friday sales period with 24% (down 2ppts) of respondents saying now is a ‘good time to buy’ major household items compared to 36% (up 2ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
ANZ-Roy Morgan Australian Consumer Confidence ended 2025 6.0pts lower than at the start of the year. Last week’s decline in confidence was driven by a fall of 4.1pts in the ‘time to buy a major household item’ subindex. This subindex has dropped 9.7pts over the past fortnight, which may be related to the conclusion of Black Friday sales.
Recent discussion around the risk of an interest rate hike next year plus slightly soft labour market data last week, may have driven the decline in household economic confidence. Notably, the five-year economic outlook subindex has fallen to a new low in this cycle.
Please note the next ANZ-Roy Morgan Australian Consumer Confidence report will be released on Tuesday 13 January 2026.
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 |
