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Australia Consumer Confidence

Last Release
Nov 2021
Actual
105.2999 points
Forecast
N/A
Previous
104.6419 points
Frequency
Monthly
Units In
points
Next Release
Dec 14, 2021
Time to Release
10 Days 9 Hours
Highest
Lowest
Average
Date Range
Source
123.94 points
May 2007
64.61 points
Nov 1990
101.29 points1974 - 2021N/A
The Consumer Sentiment Index is based on a survey of over 1,200 Australian households. The Index is an average of five component indexes which reflect consumers' evaluations of their household financial situation over the past year and the coming year, anticipated economic conditions over the coming year and the next five years, and buying conditions for major household items. The index scores above 100 indicate that optimists outweigh pessimists.

Latest Updates

The Westpac-Melbourne Institute Index of Consumer Sentiment for Australia rose by 0.6% mom to 105.3 in November 2021, as the economy emerged from the pandemic amid the success of vaccination rollouts and relief from the loosening in Sydney and Melbourne. The economic conditions in the next 12 months increased by 3.3% to 106.6 while those in the next 5 years went up 2.6% to 111.0. Also, the time to buy a major household item gained 1.8% to 111.9, on a rebalancing in spending from goods back towards services ahead of Christmas. Meanwhile, the family finances economic conditions vs a year ago fell 4.5% to 88.1, and the gauge for family finances in the next 12 months was down 0.7% to 108.9. On top of that, expectations about employment were at their best level since the mid-1990s. "The level of the consumer sentiment index is almost identical to the level just over a year ago in October 2020 (105.0) and has remained steady over the last two months," said Westpac chief economist Bill Evans.

Australia Consumer Confidence History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Nov 10, 202101:01Australia Consumer Mood Rises
Oct 13, 202100:40Australia Consumer Confidence Eases
Sep 15, 202100:54Australia Consumer Sentiment Recovers
Aug 11, 202101:39Australia Consumer Sentiment Lowest in A Year
Jul 14, 202100:52Australia Consumer Sentiment Rises
DATETIMEEVENTActual
Nov 9, 202123:30Westpac Consumer Confidence Change0.6 %
Nov 9, 202123:30Westpac Consumer Confidence Index105.3
Oct 13, 202100:30Westpac Consumer Confidence Change-1.5 %
Oct 13, 202100:30Westpac Consumer Confidence Index104.6
Sep 15, 202100:30Westpac Consumer Confidence Index106.2
Sep 15, 202100:30Westpac Consumer Confidence Change2 %
Aug 11, 202100:30Westpac Consumer Confidence Index104.1

Australia consumer Indicators

All Australia indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Bank Lending Rate
6.51
Oct 2021
6.51
Sep 2021
6.51
Sep 2020
20.5
Oct 1989
%Monthly1976 - 2021
Consumer Confidence
105.3
Nov 2021
104.64
Oct 2021
64.61
Nov 1990
123.94
May 2007
pointsMonthly1974 - 2021
Consumer Credit
3,141.52
Sep 2021
3,123.07
Aug 2021
35.83
Sep 1976
3,141.52
Sep 2021
AUD BillionMonthly1976 - 2021
Consumer Spending
258,305
Sep 2021
271,397
Jun 2021
33,846
Sep 1959
271,397
Jun 2021
AUD MillionQuarterly1959 - 2021
Disposable Personal Income
361,219
Sep 2021
345,230
Jun 2021
3,103
Sep 1959
361,219
Sep 2021
AUD MillionQuarterly1959 - 2021
Gasoline Prices
1.21
Nov 2021
1.27
Oct 2021
0.46
Dec 1998
1.67
Mar 2013
USD/LiterMonthly1998 - 2021

Consumer Confidence across Pacific

Consumer Confidence global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Australia
105.3
Nov 2021
104.64
Oct 2021
64.61
Nov 1990
123.94
May 2007
pointsMonthly1974 - 2021
New Zealand
102.7
Sep 2021
107.1
Jun 2021
79.1
Mar 1991
130.9
Jun 1994
pointsQuarterly1988 - 2021

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