Australia’s Westpac–Melbourne Institute Consumer Sentiment Index rose to 88.9 in August 2026 from 83.9 a month earlier, reaching its highest level since March. The improvement was concentrated among mortgage holders, who became less concerned about further interest rate increases, particularly in responses received after the Reserve Bank’s 11 August decision to hold the cash rate following three hikes earlier this year. The result suggests that the pause in monetary tightening helped ease some pressure on household sentiment. source: Westpac Banking Corporation, Melbourne Institute

Consumer Confidence in Australia increased to 88.90 points in August from 83.90 points in July of 2026. Consumer Confidence in Australia averaged 100.04 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 August of 2026.

Consumer Confidence in Australia increased to 88.90 points in August from 83.90 points in July of 2026. Consumer Confidence in Australia is expected to be 85.70 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-14 12:30 AM
Westpac Consumer Confidence Index
Jul 83.9 80.6 82.6
2026-08-18 12:30 AM
Westpac Consumer Confidence Index
Aug 88.9 83.9 81.7
2026-09-08 12:30 AM
Westpac Consumer Confidence Index
Sep 88.9 85.7


Related Last Previous Unit Reference
Bank Lending Rate 10.76 10.76 percent Jul 2026
Westpac Consumer Confidence Index 88.90 83.90 points Aug 2026
Westpac Consumer Confidence Change 6.00 4.10 percent Aug 2026
Consumer Credit 2568.43 2549.34 AUD Billion Jun 2026
GDP Consumption 357793.00 355980.00 AUD Million Mar 2026
Disposable Personal Income 456254.00 454500.00 AUD Million Mar 2026
Gasoline Prices 1.27 1.10 USD/Liter Jul 2026
Households Debt to GDP 114.00 113.40 percent of GDP Dec 2025
Housing Credit MoM 0.60 0.60 percent Jun 2026
Personal Savings 6.20 7.00 percent Mar 2026
Private Sector Credit MoM 0.80 0.70 percent Jun 2026


Australia Consumer Confidence
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.
Actual Previous Highest Lowest Dates Unit Frequency
88.90 83.90 123.90 64.60 1974 - 2026 points Monthly
SA