Westpac and the Melbourne Institute released the Australia Westpac/Melbourne Consumer Confidence Index for November on October 7, 2025. The reported figure was 92.1; no forecast was provided. The previous reading was also 92.1.Definition: The Westpac Consumer Sentiment Index measures the level of consumer confidence in economic activity. As a leading indicator, it helps anticipate consumer spending, which is a key component of overall economic activity. Higher readings indicate increased consumer optimism.This data carries an importance rating of 1. The index is compiled by surveying approximately 1,200 consumers regarding their outlook on future economic conditions. It is published monthly, with the next release scheduled for November 2025.
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