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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Westpac Consumer Confidence Change fell to -5.2% in September 2026
FMPMonthlyReleased September 2026
Australia Westpac Consumer Confidence Change fell to -5.2% in September 2026, down 11.2% from August's 6.0% reading. The reading missed the -3.6% consensus by 1.6%. The print is running well below the 12-month average of -0.68%. Over the past 3 months, Westpac Consumer Confidence Change averaged 5.05%, vs -3.97% in the prior 3-month window. The reading is in the 14th percentile of the trailing 24-month range.
Latest Release
-5.2
Actual
-3.6
Consensus
6
Previous
Median Absolute Error
±5.06 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: -1.05
Actual: -5.2
Error: +4.15
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| AUD/JPY | ▼ Inverse | −0.33 | FOREX | Moves against | → View |
| AUD/USD | ▼ Inverse | −0.28 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Westpac Consumer Confidence Change (Australia) was reported at -5.2% in September 2026. This missed the market consensus of -3.6% by 1.6%. The reading fell from the previous value of 6%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged -0.07%, ranging from -9% to 12.8% across 12 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 1.63%, up from the prior three at 0.6%. Volatility over the past year (σ 5.63%) is higher than the prior year (σ 3.62%). In September readings over the past 3 years, Westpac Consumer Confidence Change has averaged -2.93%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with AUD/JPY (Bearish AUD). Over the last 12 releases, the Sigmacast model's median absolute error is 5.06%.
WHAT TO WATCH NEXT
The next release is scheduled for October 5, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 18) and RBA Hunter Speech (Sep 21).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Westpac Consumer Confidence Change - AU
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About Westpac Consumer Confidence Change — Australia
DEFINITION
The Westpac Consumer Confidence Change is a key financial indicator that measures the level of optimism or pessimism among consumers in Australia regarding their personal finances and the overall state of the economy. It is based on a survey conducted by Westpac, one of Australia's leading banks, and provides valuable insights into consumer spending and economic trends. A positive change in this indicator indicates an increase in consumer confidence, which can lead to higher levels of spending and economic growth, while a negative change may signal a decrease in consumer confidence and potential economic downturn. As such, the Westpac Consumer Confidence Change is closely monitored by investors, businesses, and policymakers as a gauge of consumer sentiment and economic health.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual -5.2 %, consensus -3.6 %. Prior reading (Aug 2026): 6 %. Before that (Jul 2026): 4.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
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EXPECTED ZONE
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Economic Calendar - AU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Westpac Leading Index MoM | 0 | 0.2 | 0.25 | Low | |
| 01:00 | AU | Leading Index MoM | 0 | 0.2 | 0.20 | Low | |