Post by Roy Morgan

ANZ-Roy Morgan Consumer Confidence dropped 1.2pts to 74.7 in the first week of July, now 13.9pts lower than a year ago and 3.2pts above the 2026 weekly average of 71.5. An analysis by State shows Consumer Confidence increased marginally in Victoria, Queensland, and South Australia, but fell more significantly in New South Wales, and Western Australia. Driving Consumer Confidence lower this week was more people expecting ‘bad times’ for the Australian economy over the next year. Learn more: https://lnkd.in/gfz-8QiW #AustralianEconomy