ANZ Senior Economist, David Plank, commented:
“Consumers head into the Budget with confidence above average and at the highest level for some weeks. Talk of additional tax cuts and spending may be supporting sentiment. News that job vacancies are continuing to lift may also have provided a boost. There is a lot of news this week that could impact how consumers perceive the outlook, not least the RBA statement and the Budget.”
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ANZ-Roy Morgan Australian Consumer Confidence was broadly unchanged last week, edging down just 0.1%.
Consumer confidence was unchanged in January, slightly above average.
Roy Morgan Indonesian Consumer Confidence is down 0.3pts to 158.8 in December 2018. However, Consumer Confidence finished 2018 with an average of 158.1 for the year – the highest average ever achieved for a calendar year....
ANZ-Roy Morgan Australian Consumer Confidence lifted by 2.2% after a fall of 4.6% last week. The index is still below the long term average of 113.1.
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The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. Margin of error gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. Allowance for design effects (such as stratification and weighting) should be made as appropriate.
25% or 75%
10% or 90%
5% or 95%