Roy Morgan Research
April 23, 2025

ANZ-Roy Morgan Consumer Confidence increases 1.3pts to 85.5 as Australians enjoy Easter holidays

Topic: Consumer Confidence
Finding No: 9715

ANZ-Roy Morgan Consumer Confidence increased 1.3pts to 85.5 last week as Australians enjoyed their Easter holiday break. There was also stabilisation in both the Australian Dollar and ASX 200 share-market – which both strengthened significantly last week.

Consumer Confidence is now 5.2 points above the same week a year ago, April 15-21, 2024 (80.3), but is 0.8pts below the 2025 weekly average of 86.3.

An analysis by State shows mixed results with the weekly increase driven by rising confidence in Queensland and Western Australia, Consumer Confidence unchanged in Victoria, and down slightly in New South Wales and South Australia.

A look across the index shows the driver of the weekly increase were fewer worries about the next 12 months in terms of both personal finances and the performance of the Australian economy.

Current financial conditions

  • Fewer than a fifth of Australians, 16% (down 4ppts), say their families are ‘better off’ financially than this time last year compared to 46% (down 1ppt) that say their families are ‘worse off’.

Future financial conditions

  • Net views on personal finances over the next year improved as concern about the next 12 months fell with 29% (up 1ppt) of respondents, expecting their family will be ‘better off’ financially this time next year while 26% (down 4ppts) expect to be ‘worse off’ (the lowest figure for this indicator for nearly three years since May 2022).

Short-term economic confidence

  • Net views on the economy over the next year also improved this week with one-in-ten Australians, 10% (unchanged) expecting ‘good times’ for the Australian economy over the next twelve months compared to 29% (down 4ppts), that expect ‘bad times’.

Medium-term economic confidence

  • Net sentiment regarding the Australian economy in the longer term was unchanged this week with 12% (unchanged) of Australians expecting ‘good times’ for the economy over the next five years compared to over a fifth, 22% (unchanged), expecting ‘bad times’.

Time to buy a major household item

  • Net buying intentions were also unchanged this week with 22% (unchanged) of Australians saying now is a ‘good time to buy’ major household items compared to 40% (unchanged) that say now is a ‘bad time to buy major household items’.

ANZ Economist, Sophia Angala, commented:

Block Quote

ANZ-Roy Morgan Australian Consumer Confidence rose 1.3pts last week to 85.5pts. This was largely a reversal of falling confidence about the 12-month outlook in the previous week.

Consumer confidence, on a four-week moving average basis, has remained within a tight 85–88pts range since late October 2024. It seems that the upward pressure on confidence from improving domestic incomes is being offset by increasing risk in global economic activity from ongoing tariff announcements.

Alongside the 0.3ppt rise in ‘Weekly inflation expectations’ last week, global trade uncertainty is likely continuing to impact household confidence.

Check out the latest results for our weekly surveys on Business Confidence, Consumer Confidence, and Voting Intention as follows:

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

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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
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