ANZ-Roy Morgan Consumer Confidence jumps 3pts to 84.5; lowest start to a New Year since 1991 – 35 years ago
ANZ-Roy Morgan Consumer Confidence increased 3pts to 84.5 but is still 2.6pts lower than a year ago, January 6-12, 2025 (87.1), and 1.8pts below the 2025 weekly average of 86.3.
Analysis of long-running Consumer Confidence trends shows this is the lowest rating to start a New Year since January 1991 (78.5) – when the survey was conducted on a monthly basis.
An analysis by State shows increases in New South Wales, Victoria, Queensland, and Western Australia, but a slight decline in South Australia.
Driving the weekly increase a surge in ‘buying sentiment’ and more confidence about the performance of the Australian economy over the next year and next five years.
Just under a fifth of Australians, 19% (unchanged), 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 improved marginally this week with 26% (up 1ppt) of respondents expecting their family will be ‘better off’ financially this time next year, while a third, 33% (down 2ppts), expect to be ‘worse off’.
Net sentiment regarding the economy over the next year also improved this week with 10% (up 2ppts) of Australians, expecting ‘good times’ for the Australian economy over the next twelve months compared to almost a third, 32% (down 1ppt), that expect ‘bad times’.
Net views regarding the Australian economy in the longer-term also improved this week with 11% (up 2ppts) of Australians expecting ‘good times’ for the economy over the next five years compared to over a quarter, 28% (down 1ppt), expecting ‘bad times’.
Net buying intentions improved significantly to start the New Year with 26% (up 2ppts) of respondents saying now is a ‘good time to buy’ major household items compared to 32% (down 4ppts) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
ANZ-Roy Morgan Australian Consumer Confidence had its usual jump in early January, however this is the weakest new year’s print in over 15 years. The ‘time to buy a major household item’ subindex recorded the largest increase across the subindices and is now sitting at its third-highest reading since the beginning of 2025, and only a little below the recent Black Friday peak.
Weekly inflation expectations eased 0.2ppt last week. This was likely supported by recent monthly inflation data, which showed annual growth in inflation eased slightly in November.
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 |
