Consumer confidence ticks higher

Consumer confidence has risen for the second time in as many weeks, with people feeling a little more upbeat about the economy.

Consumer confidence has nudged higher, with Australians feeling more upbeat about the economy. (AAP)

Consumer confidence has nudged higher, with people feeling a little more upbeat about the economy.

The latest ANZ-Roy Morgan confidence index rose 0.5 per cent in the week ending March 22, building on a similar rise the previous week.

The rise was driven by improving confidence about the economic outlook for the 12 months and next five years.

However, confidence levels remain below their long-run average levels.