ANZ-Roy Morgan Consumer Confidence increased 2 points to 70.8 in early June – first time above 70 since early March
ANZ-Roy Morgan Consumer Confidence increased 2 points to 70.8, the first time the index has been above the mark of 70 for over two months since early March. Consumer Confidence is 15.9pts lower than a year ago, June 2-8, 2025 (86.7), and just 0.4pts below the 2026 weekly average of 71.2.
An analysis by State shows Consumer Confidence increased in New South Wales, and Queensland, but was down slightly in Victoria, Western Australia, and South Australia.
Driving the weekly increase was increasing confidence about personal financial situations over the next year and that now is a ‘good time to buy’ major household items as we enter the End Of Financial Year (EOFY) and Mid-Year sales period.
Now just 15% (up 1ppt) of Australians say their families are ‘better off’ financially than this time last year compared to a majority of 55% (up 1ppt) that say their families are ‘worse off’.
Net views on personal finances over the next year improved this week with 22% (up 4ppts) of respondents expecting their family will be ‘better off’ financially this time next year, while 43% (unchanged), expect to be ‘worse off’.
Net sentiment regarding the economy over the next year was little changed this week with 6% (unchanged) of Australians, expecting ‘good times’ compared to 45% (up 1ppt), that expect ‘bad times’.
Net views regarding the Australian economy over the next five years improved this week with 8% (unchanged) of Australians expecting ‘good times’ for the economy over the next five years compared to well under a third, 28% (down 4ppts), expecting ‘bad times’.
Net buying intentions improved for a fourth straight week with 19% (up 3ppts) of respondents saying now is a ‘good time to buy’ major household items compared to 45% (unchanged) that say now is a ‘bad time to buy major household items’.
ANZ Economist, Sophia Angala, commented:
“ANZ-Roy Morgan Australian Consumer Confidence rose for a second consecutive week, up 2.0pts last week to 70.8pts. Confidence remains soft, sitting 15pts below its 2025 average.
Last week’s increase was broad-based across the subindices. The ‘future financial conditions’ and ‘medium-term economic confidence’ subindices are now at their highest levels since late February, before the escalation of the conflict in the Middle East. The ‘time to buy a major household item’ subindex has also trended higher over the past four weeks, likely supported by the start of end-of-financial-year sales.
On a four-week moving average basis, confidence across the housing cohorts has eased relative to the start of the year. Outright homeowners remain the most confident cohort, followed by renters and mortgage holders. RBA rate hikes have likely contributed to the sharper decline in mortgage holder confidence so far in 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 |
