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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Westpac Consumer Confidence Index climbed to 83.9 in July 2026
FMPMonthlyReleased July 2026
Australia Westpac Consumer Confidence Index climbed to 83.9 in July 2026, up 3.3 from June's 80.6 reading. The reading matched the 82.6 consensus. The print is running well below the 12-month average of 91.26. Over the past 3 months, Westpac Consumer Confidence Index averaged 81.8, vs 87.4 in the prior 3-month window. The reading is in the 14th percentile of the trailing 24-month range.
Latest Release
83.9
Actual
82.6
Consensus
80.6
Previous
Median Absolute Error
±4.58
across last 12 releases
Last Call
Jul 2026
Predicted: 83.2
Actual: 83.9
Error: -0.7
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/NZD | ▼ Inverse | −0.48 | FOREX | Moves against | → View |
| AUD/JPY | ▼ Inverse | −0.38 | FOREX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.33 | CRYPTO | Moves against | → View |
| AUD/USD | ▼ Inverse | −0.29 | 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 Index (Australia) was reported at 83.90 in July 2026. This beat the market consensus of 82.60 by 1.30. The reading rose from the previous value of 80.60. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 91.58, ranging from 80.60 to 103.80 across 12 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 82.50, down from the prior three at 91.67. Volatility over the past year (σ 6.30) is higher than the prior year (σ 3.29). In July readings over the past 3 years, Westpac Consumer Confidence Index has averaged 86.57.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with AUD/NZD (Bearish AUD). A secondary relationship exists with AUD/JPY, negatively correlated (Bearish AUD). Over the last 12 releases, the Sigmacast model's median absolute error is 4.58.
WHAT TO WATCH NEXT
The next release is scheduled for August 18, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Jul 31) and Ai Group Industry Index (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Westpac Consumer Confidence Index - AU
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About Westpac Consumer Confidence Index — Australia
DEFINITION
The WESTPAC Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers in Australia. It is based on a survey of consumer attitudes towards current economic conditions, future expectations, and purchasing intentions. This index provides valuable insights into consumer spending patterns and can be used by businesses and investors to gauge the overall health of the economy and make informed decisions. With its long history and strong track record, the WESTPAC Consumer Confidence Index is a trusted tool for assessing consumer sentiment and predicting future economic trends.
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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 83.9 %, consensus 82.6 %. Prior reading (Jun 2026): 80.6 %. Before that (May 2026): 83 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with AUD/NZD (Bearish AUD, r=-0.48) — a useful reference for forex-focused traders.
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Economic Calendar - AU Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | AU | Building Permits MoM | 7.2 | -1.6 | -1 | 0.90 | Medium |
| 01:30 | AU | Import Price Index QoQ | 5.7 | 0.1 | 0 | 2.85 | Low |
| 01:30 | AU | Building Permits YoY | 8.9 | 5.5 | -0.1 | 1.10 | Low |
| 01:30 | AU | Import Prices QoQ | 5.7 | 0.1 | 0 | 2.85 | Low |
| 01:30 | AU | Private House Approvals MoM | 0.4 | 2.8 | -1 | -0.38 | Low |
| 01:30 | AU | Export Prices QoQ | 1.1 | 0.5 | 0.5 | 0.80 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | AU | Housing Credit MoM | 0.6 | 0.6 | 0.5 | 0.55 | Low |
| 01:30 | AU | Producer Price Index YoY | 3.6 | 3 | 2.5 | 2.50 | Low |
| 01:30 | AU | Producer Price Index QoQ | 1.3 | 0.4 | 0.3 | 0.42 | Medium |
| 01:30 | AU | Private Sector Credit MoM | 0.8 | 0.7 | 0.6 | 0.70 | Low |
| 01:30 | AU | Private Sector Credit YoY | 8.5 | 8.2 | 8.2 | 8.35 | Low |