Consumer confidence rose 2.0 points last week to 70.8 points. The four-week moving average lifted 1.7 points to 68.0 points.
‘Weekly inflation expectations’ increased 0.2 percentage points to 6.1 per cent, while the four-week moving average ticked down 0.1 percentage points to 6.0 per cent.
‘Current financial conditions’ (over the last year) was unchanged, while ‘future financial conditions’ (next 12 months) was up 3.3 points.
‘Short-term economic confidence’ (next 12 months) eased 0.6 points, and ‘medium-term economic confidence’ (next five years) jumped 4.6 points.
The ‘time to buy a major household item’ subindex gained 2.6 points.
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"ANZ-Roy Morgan Australian Consumer Confidence rose for a second consecutive week, up 2.0 points last week to 70.8 points," ANZ Economist Sophia Angala, said.
"Confidence remains soft, sitting 15 points below its 2025 average. Last week’s increase was broad-based across the subindices.
"The ‘future financial conditions’ and ‘medium-term economic confidence’ subindices are now at their highest levels since late February, before the escalation of the conflict in the Middle East. The ‘time to buy a major household item’ subindex has also trended higher over the past four weeks, likely supported by the start of end-of-financial-year sales.
"On a four-week moving average basis, confidence across the housing cohorts has eased relative to the start of the year. Outright homeowners remain the most confident cohort, followed by renters and mortgage holders. RBA rate hikes have likely contributed to the sharper decline in mortgage holder confidence so far in 2026."
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