Australian household sentiment reached its highest level since February, with buying intentions improving, while inflation expectations held steady and house price expectations eased.
The ANZ-Roy Morgan Consumer Confidence Index rose 8 points to 99.3 in July 2026, its highest level since February, although it remained 19 points below its January peak. Household views on whether it was a good time to buy a major household item, a closely watched retail indicator, improved by 4 points to -7. Two-year inflation expectations were unchanged at 4.6%, while house price expectations fell to 2.6% from 3.0%, pointing to softer expectations for the housing market even as overall sentiment strengthened.