Weekly Survey Reveals Australian Consumer Sentiment at Lowest Level in 2024

Monday, 4 March 2024, 22:37

The latest ANZ-Roy Morgan weekly Australian Consumer Confidence survey indicates a significant decline in consumer sentiment reaching the lowest point in 2024. Inflation expectations have dropped to their equal-lowest level since February 2022, with varying impacts on different homeowner segments. While confidence is rising among homeowners, renters and outright owners are experiencing a downturn in sentiment.
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Weekly Survey Reveals Australian Consumer Sentiment at Lowest Level in 2024

Weekly Survey of Australian Consumer Sentiment

ANZ-Roy Morgan conducted the weekly Australian Consumer Confidence survey, revealing noteworthy insights.

Key Findings:

  • Inflation Expectations: Fell to their equal-lowest since February 2022.
  • Homeowners: Confidence improving for those paying off their homes.
  • Renters and Owners: Sentiment decreases for renters and outright owners.

Overall, the survey highlights a decline in consumer sentiment with varied impacts across different homeowner categories.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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