'Lorne – Market Round up’
Further to the Roy Morgan research report on business confidence that was posted last week, that same company has just released their latest Consumer Confidence report. According to Roy Morgan, consumer confidence rose to 123.2 points (up 1.4 points since March 30/31 2013). Consumer confidence is now 13.2 points higher than at the same time a year ago, April 7/8 2012.
The small gain in consumer confidence has been driven by increasing confidence about Australia’s personal financial situations and also about buying major household items.
An increasing number of Australians, 43% (up 5%) expect to be “better off” financially over the next 12 months and only a small 13% (down 1%) expect their family to “be worse off” financially.
‘Lorne – Weekly report’
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Ian Stewart
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