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ANZ-Roy Morgan Australian Consumer Confidence up to 115.3

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,050 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend April 6/7, 2019.
ANZ-Roy Morgan Australian Consumer Confidence has bounced back, rising 1.9% last week. This reaffirms our prognosis that the post Budget dip in consumer confidence was likely noise.

  • Current finances were up 2.1%, after three consecutive falls. Future financial conditions inched up marginally by 0.1%.
  • Current economic conditions rose by 4.2%, to the highest level for this year. Future economic conditions were up by a 1.5%.
  • The ‘time to buy a household item’ rose by 1.7%. Four-week moving average inflation expectations were stable at 4.0%. The weekly reading softened to 3.9%, however, reversing much of the prior week’s uptick.

ANZ Senior Economist, David Plank, commented:

“The pleasing rebound in consumer confidence after the post Budget decline suggests that the dip was noise rather than anything more serious. Some of the economic news domestically has been better of late, not least signs that the credit tightening is easing with the ANZ-Property Council survey showing a smaller deterioration in credit availability and a number of media reports about lower mortgage rates. A renewed decline in inflation expectations is a concern, however. The historic low for the 4 week moving average of 3.9% reached in November 2016 could be under threat.”




Click here to download the latest weekly ANZ-Roy Morgan Australian Consumer Confidence PDF.

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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.

You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates.

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Roy Morgan is the largest independent Australian research company, with offices throughout Australia, as well as in Indonesia, the United States and the United Kingdom. A full service research organisation specialising in omnibus and syndicated data, Roy Morgan has over 70 years’ experience in collecting objective, independent information on consumers.

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%

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