Subject: ANZ-Roy Morgan Consumer Confidence down 3.7 points to 73.4 following launch of US & Israeli attacks on Iran

⚡️ Highlights:

1. ANZ-Roy Morgan Consumer Confidence dropped by 3.7 points to 73.4 this week, driven by decreased confidence in personal finances and the Australian economy over the next year.

2. Consumer Confidence is now 13.5 points lower than a year ago and 5.8 points below the 2026 weekly average.

3. Confidence fell in most states except for New South Wales, with concerns about the Australian economy and personal financial situations contributing to the decline.

4. Only 18% of Australians say their families are 'better off' financially compared to 47% who say they are 'worse off'.

5. Rising geopolitical uncertainty, including the conflict in the Middle East, has led to increased inflation expectations and contributed to the decline in consumer confidence.

✍️ Roy Morgan | Full Article

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