ANZ-Roy Morgan Australian Consumer Confidence weekly survey rose to 74.7 from 74.3 the previous week.

ANZ comment:

  • remained weak
  • one of the 10 worst results since the pandemic began
  • Subindices for future conditions rose, but in the last 2 weeks those that capture current conditions fell.

The longer-run average for this indicator is just under 111.

Australia sad 06 June 2023