ANZ-Roy Morgan Consumer Confidence virtually unchanged at 84.2 in mid-March, with the biggest boost in Queensland
ANZ-Roy Morgan Consumer Confidence was virtually unchanged at 84.2 this week, with the index unchanged in New South Wales and Victoria but increasing most in Queensland following the return to normal after the devastating Cyclone Alfred earlier in the month.
Consumer Confidence is now 1.1 points above the same week a year ago, March 18-24, 2024 (83.1), but is now 2.4 points below the 2025 weekly average of 86.6.
A look across the index shows mixed results with the biggest movement being an increasing in those saying ‘good time to buy’ to its highest since early February.
Current financial conditions
- More than a fifth of Australians, 21% (down 1ppt), say their families are ‘better off’ financially than this time last year compared to 49% (up 2ppts) that say their families are ‘worse off’.
Future financial conditions
- Views on personal finances over the next year were virtually unchanged this week with 31% of respondents, (unchanged), expecting their family will be ‘better off’ financially this time next year while 32% (down 1ppt) expect to be ‘worse off’.
Short-term economic confidence
- Views on the economy over the next year were unchanged this week with under one-in-ten Australians, 8% (unchanged) expecting ‘good times’ for the Australian economy over the next twelve months compared to 32% (unchanged), that expect ‘bad times’.
Medium-term economic confidence
- Sentiment regarding the Australian economy in the longer term was virtually unchanged this week with just 11% (up 1ppt) of Australians expecting ‘good times’ for the economy over the next five years compared to over a fifth, 20% (down 1ppt), expecting ‘bad times’.
Time to buy a major household item
- There was a small improvement in net buying intentions this week with only 26% (up 2ppts) of Australians saying now is a ‘good time to buy’ major household items compared to 43% (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 slightly last week, lifting just 0.4pts to 84.2pts. The small gain was largely driven by the 2.4pt rise in the ‘time to buy a major household item’ subindex, which is now at its highest level since the beginning of the year. This may have been supported by sales events last week.
Global uncertainty may be weighing on confidence. On a four-week moving average basis, the series fell to its lowest level since October 2024. Households are feeling less confident in their financial and economic conditions, with all financial and economic outlook subindices now sitting below their H2 2024 averages.
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 |
