Optimism Among Australians Shifting the Fastest in APAC: Survey

While other countries remain more optimistic overall, sentiment remains static, while Australians, despite global uncertainty, are becoming more positive.

In this photo illustration, Australian $50, $20, $10 and $5 banknotes and dollar coins are shown arranged for a photograph in Newcastle, Australia on March 25, 2025. Roni Bintang/Getty Images

Among the five Asia-Pacific (APAC) countries surveyed, Australia experienced the greatest shift in consumer sentiment over the last quarter, according to the latest research from McKinsey & Company’s ConsumerWise.

Net sentiment (optimism minus pessimism) rose by 3 percent compared to the previous quarter. In contrast, consumer sentiment across most APAC countries remained relatively unchanged.