Federal voting intention virtually unchanged ALP (50.5%) vs Coalition (49.5%), ANZ-Roy Morgan Consumer Confidence up 1.8pts to 84.1, Inflation Expectations drop to 4.8% in mid-September & Bunnings is Australia’s most trusted brand
Roy Morgan sent this email to their subscribers on September 17, 2024.
No images? Click here Federal voting intention virtually unchanged this week with ALP (50.5%) marginally ahead of the Coalition (49.5%); but Greens lost support after violent protestsIf a Federal Election were held now the result would be ‘too close to call’ with the ALP on 50.5% (down 0.5%) now just ahead of the Coalition on 49.5% (up 0.5%) on a two-party preferred basis, the latest Roy Morgan survey finds. There was a slight movement to the Coalition on a two-party preferred result this week, however, the overall result is ‘too close to call’ and either the ALP or Coalition would require the support of minor parties and independents to form a minority government. The result again shows the importance of preference flows to determine the overall two-party preferred result. The primary vote of both major parties was up this week – mainly at the expense of the Greens. ALP primary vote increased 0.5% to 30.5% while Coalition support increased 1% to 37.5%. Support for the Greens dropped 2% to 12.5% while One Nation was down 0.5% at 5.5%. Support for Other Parties increased 0.5% to 4% and support for Independents was up 0.5% to 10%. ANZ-Roy Morgan Consumer Confidence up 1.8pts to 84.1 in mid-SeptemberANZ-Roy Morgan Consumer Confidence was up 1.8pts to 84.1 this week – its highest since mid-July. However, despite the increase, Consumer Confidence has now spent a record 85 straight weeks below the mark of 85. Consumer Confidence is now 4.3 points above the same week a year ago, September 11-17, 2023 (76.4), and now 2.1pts above the 2024 weekly average of 82.0. A look at Consumer Confidence by State shows mixed results with Consumer Confidence up in Victoria and Western Australia, but down slightly in NSW, Queensland and South Australia. ANZ-Roy Morgan Inflation Expectations drop to 4.8% in mid-September – down from 5.0% for the month of AugustThe latest weekly ANZ-Roy Morgan Inflation Expectations are 4.8% for the week of September 9-15, 2024. This figure is below the average so far this year of 5.0%, and down 0.2% points from the monthly figure for August. A look at monthly Inflation Expectations for August 2024 shows the measure at 5.0% for the month – down 0.1% points from a month earlier and in line with the average so far this year of 5.0%. Looking back over the first eight months of the year from January - August, weekly Inflation Expectations have moved in a narrow band of 4.6% - 5.3% and averaged 5.0%. Bunnings, Aldi and Kmart are Australia’s three most trusted brands, while Toyota, Bendigo Bank and Nike are on the upIt’s official: Bunnings has again been crowned the most trusted brand in the 12 months to June 2024, retaining top spot ahead of supermarket Aldi and discount department store Kmart in third place. The much-loved hardware chain has now held top spot as Australia’s most trusted brand for three consecutive quarters after previous leaders Woolworths and Coles fell down the rankings earlier this year. There wasn’t much movement in the top 10 with the exception of Toyota moving up one place to fourth to be just ahead of Apple to fill out Australia’s top five most trusted brands. Notable improvers outside the top 10 included Bendigo Bank, up two places to 11th, IGA, up one place to 13th, Nike, which entered the top 20 most trusted brands list for the first time at 16th, ING, up one place to 17th and David Jones, up one place to 18th. The strong performances of both Aldi and IGA, both comfortably ranked within Australia’s top 15 most trusted brands, prove that not all supermarkets have lost the trust of Australians during the current cost of living crisis. June 2024 Quarterly Update – Trust, Distrust and Australia’s Energy Dilemma WebinarJoin Roy Morgan CEO Michele Levine to discover: • Who Australia’s most Trusted and Distrusted brands are – including dramatic changes in the rankings. Media mentionsSBS - Australia's most (and least) trusted brands: Bunnings in top spot as supermarkets tumble Retail World Magazine - ALDI among most trusted brands Inside Retail - Bunnings, Kmart, Aldi are Australia’s most-trusted brands Channel News Australia - Bunnings Most Trusted, as Woolies and Coles crash Mumbrella - Australians have lost trust in our major institutions, new survey shows |