Charting the economy’s rebound from COVID

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Roy Morgan Research has published a useful set of charts, compiled from its surveys, tracking the Australian economy’s rebound from the COVID-19 pandemic.

First, the ANZ-Roy Morgan consumer confidence index has rebounded from a low of 65.3 in March 2020 to 111.9 as of 6-7 Mar 2021:

The ANZ-Roy Morgan consumer confidence has almost rebounded back to ‘normal’ levels.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.