Country: Australia Source: Roy Morgan Business Single Source, Dec 2010-June 2021. Average monthly sample over the last 12 months = 1,321.
This month, June 2021, Roy Morgan Business Confidence is down 1pt (-0.8%) to 128.3. Despite the fall Business Confidence is a massive 33.3pts (+35.1%) higher than a year ago in June 2020 (95.0). The Business Confidence result for June is based on interviewing conducted before the Sydney-wide lockdown and the latest restrictions introduced in several States announced over the weekend.
Business Confidence in June 2021 was 14.4pts above the long-term average of 113.9 with nearly two-thirds of businesses, 64.8%, expecting ‘good times’ for the Australian economy over the next 12 months and a clear majority of 58.4% saying the next 12 months is a ‘good time to invest in growing the business’.
In May 2021 Roy Morgan Business Confidence increased 4pts (+3.2%) to 129.3. This was the highest level of Business Confidence in Australia for over seven years since January 2014 (131.5). Business Confidence has increased a massive 39.4pts (+43.8%) on its level of a year ago in May 2020 (89.9).
Country: Australia This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,496 online and telephone interviews conducted Australia-wide with men and women aged 14 and over the weekend May 15/16, 2021.
ANZ-Roy Morgan Consumer Confidence was up 0.9pts to 112.5 this week. Consumer Confidence remains above the 2021 weekly average of 111.2 and is a huge 20.2pts higher than the same week a year ago, May 16/17, 2020 (92.3).
This week’s increase was driven by more Australians saying they are ‘better off financially’ than this time a year ago and more saying now is a ‘good time to buy major household items’ – now at its highest since February 2020 after Treasurer Josh Frydenberg delivered a largely well received Federal Budget last week.
Country: Australia Source: Roy Morgan Business Single Source, Dec 2010-Apr 2021. Average monthly sample over the last 12 months = 1,353.
In April 2021 Roy Morgan Business Confidence increased 1.3pts (+1.0%) to 125.3. This is the highest level of Business Confidence in Australia for over seven years since January 2014 (131.5). Business Confidence has increased a massive 48.4pts (+62.9%) on its level of a year ago in April 2020 (76.9).
Business Confidence is now 11.6pts above the long-term average of 113.7 and nearly two-thirds, 65%, expect ‘good times’ for the Australian economy over the next 12 months and an increasing majority of 59.5% of businesses said the next 12 months is a ‘good time to invest in growing the business’.