consumer confidence

Consumer confidence drops again this week

Australians are becoming less confident about  their financial futures. This has not been helped by all the talk about housing affordability (or lack thereof),  the media’s negative talk about the Melbourne and Sydney property markets and all the turmoil going on in the world.  This week The headline ANZ-Roy Morgan Australian Consumer Confidence fell 1.9%…

Consumer confidence rebounds and that's good for property

As a property commentator and investor, I keep a close eye on Consumer Confidence as it is one of the leading indicators of our property markets.   By a leading indicator I mean it shows what’s ahead of us, as opposed to lagging indicators which show what has happened. When consumer confidence rises, people are more…

Consumer Confidence falls again

ANZ-Roy Morgan Australian Consumer Confidence fell for the second week in a row, down a sharp 3.5% this week to 114.3.  I track both Consumer and Business Confidence as part of my research on the many factors affecting our property markets. There is a strong link between consumer confidence and the strength of the property…

Australian Consumer Confidence bounces back this week

ANZ-Roy Morgan Australian Consumer Confidence bounced 3.1% this week to 114.8.  This reverses the fall of 2.6% in the previous week and the four week moving average is now trending higher. Last week’s news about the strong economic growth numbers, big gains in the equity markets, and a strong Australian dollar were positive factors for…

Consumer confidence has recovered in the last 3 weeks

ANZ-Roy Morgan Australian Consumer Confidence rose 0.6% to 114.3 this week. The 2.8% increase over the past three weeks partially retraces the declines recorded through January (-4.5%).  With the negative impact from the financial market volatility in early January appearing to be short-lived, confidence is now tracking higher with most sub-indexes showing an improvement. Of…

Consumer Confidence At A 2 Year High

ANZ-Roy Morgan Australian Consumer Confidence rose 1.2% to 116.6 this week, reaching the highest level since January 2014. Confidence has been on an upward trend over the past few weeks, mainly driven by an improvement in households’ outlook on the economy. This likely reflects the ongoing support for the Turnbull government in creating an improving…

Consumer Confidence Consolidates

ANZ-Roy Morgan Australian Consumer Confidence rose 1.6% to 115.2 this week. Despite recent moves by the big four banks to raise variable mortgage rates, this week’s result confirms that overall consumer confidence remains on an upward trend, most likely reflecting the increased faith in the newly elected PM. The four week moving average is now…

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...