Subject: ANZ-Roy Morgan Consumer Confidence down 3.1 points to 77.1 driven by falling confidence about the economy
⚡️ Highlights:
1. ANZ-Roy Morgan Consumer Confidence fell by 3.1 points to 77.1 this week, driven by decreased confidence in personal finances and the Australian economy. 2. Consumer Confidence is 10.6 points lower than a year ago and now sits 2.9 points below the 2026 weekly average. 3. Consumer Confidence decreased in most States except for Western Australia. 4. Only 17% of Australians say their families are 'better off' financially compared to 45% who say they are 'worse off'. 5. Net sentiment regarding the economy over the next year and next five years deteriorated, with fewer Australians expecting 'good times' and more expecting 'bad times'.
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