Australia Consumer Confidence

Last Release

Feb 28, 2025

Actual

92.2

Units In

Points

92.1

Frequency

Monthly

Next Release

Mar 25, 2025

Time to Release

1 Months 10 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
123.94 May 2007	64.61 Nov 1990	100.28 Points	1974-2025	N/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

Australia's Westpac-Melbourne Institute Consumer Sentiment Index saw a slight increase of 0.1% in February 2025, rising to 92.2 from 92.1 in January, signaling little change in consumer mood. Despite this modest rise, consumers remain cautious due to stretched household finances and ongoing cost-of-living challenges. However, there are signs of rising optimism about the future. The sub-index measuring ‘family finances compared to a year ago’ dropped 3.4% in February, falling to 75.1—down 10.6% from its December peak, but still up 18.9% compared to the low point in May of last year. Meanwhile, the sub-index for ‘finances in the next 12 months’ increased by 0.6%, reaching 105 and remaining in positive territory. This suggests that optimists continue to outnumber pessimists. Notably, the most significant improvement since last year has been observed among consumers with a mortgage, driven by better-than-expected inflation data and growing expectations of interest rate cuts.