• Consumer confidence fell 2.1 points last week to 83.4 points. The four-week moving average decreased 0.5 points to 85 points.
• 'Weekly inflation expectations' lifted 0.2 of a percentage point to 5.1 per cent, while the four-week moving average ticked up 0.1 of a percentage point to 4.8 per cent.
• 'Current financial conditions' (over the last year) declined 2.0 points, while 'future financial conditions' (next 12 months) dropped 7.1 points.
• 'Short-term economic confidence' (next 12 months) eased 0.2 points, and 'medium-term economic confidence' (next five years) lowered 2.9 points.
• The 'time to buy a major household item' subindex increased 1.9 points.
"There was a particularly sharp fall in households' confidence about their financial conditions over the next year. The subindex is now sitting at its lowest level since mid-July 2024," said ANZ Economist, Sophia Angala.
"Households are also feeling less confident in the economic outlook. We expect growth in the US and China to slow in 2025, following increased economic uncertainty from US tariff announcements.
"The implications for Australia are likely to flow from the impacts on global growth and local confidence, and it appears that the upward trend in the ANZ-Roy Morgan Australian Consumer Confidence series from rising disposable incomes has been weakened by global uncertainty."
