Australia’s Westpac–Melbourne Institute Consumer Sentiment Index dropped 3.5% to 80.6 in June 2026, its second-lowest level since November 2023, amid ongoing cost-of-living pressures. Westpac economist Matthew Hassan noted that the impact of the RBA’s three rate hikes this year is becoming clearer, though inflation remains the primary concern, as energy costs have yet to fully take effect. While a pause at the next meeting is possible, Westpac still anticipates further tightening later in the year. source: Westpac Banking Corporation, Melbourne Institute
Consumer Confidence in Australia decreased to 80.60 points in June from 83 points in May of 2026. Consumer Confidence in Australia averaged 100.08 points from 1974 until 2026, reaching an all time high of 123.90 points in May of 2007 and a record low of 64.60 points in November of 1990. This page provides - Australia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
Consumer Confidence in Australia decreased to 80.60 points in June from 83 points in May of 2026. Consumer Confidence in Australia is expected to be 82.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Consumer Confidence is projected to trend around 95.00 points in 2027 and 101.00 points in 2028, according to our econometric models.