Consumer confidence rose 1.8 points last week to 85.8 points. The four-week moving average ticked down 0.1 points to 84.5 points.
'Weekly inflation expectations' lifted 0.1 percentage point to 4.8 per cent, while the four-week moving average ticked down from 5.1 per cent to 5.0 per cent.
'Current financial conditions' (over the last year) increased 4.3 points, while 'future financial conditions' (next 12 months) jumped 4.6 points.
'Short-term economic confidence' (next 12 months) was up 3.0 points, and 'medium-term economic confidence' (next five years) fell 1.8 points.
The 'time to buy a major household item' subindex declined 1.0 points.
ANZ Economist, Sophia Angala said: "ANZ-Roy Morgan Australian Consumer Confidence was up 2.8 points over the past fortnight. Last week's rise was driven by improving household confidence in their personal finances, while weakness persists in household confidence in the five-year economic outlook.
"Weekly inflation expectations ticked up ahead of this week's Q3 Consumer Price Index (CPI) print, which we expect to point to a stalling in annual disinflation. We don't expect this outcome to be the start of a new trend for inflation and expect annual underlying inflation to reach the midpoint of the Reserve Bank of Australia (RBA)'s 2-3 per cent target band in H2 2026."
