Economy heading in right or wrong direction

Sep 1, 2015

Q. Do you think Australia’s economy is heading in the right or wrong direction?

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

May 2010

May 2011

Jun 2012

Apr 2013

Apr 2014

Aug 2014

May 2015

The right direction

35%

22%

62%

21%

26%

51%

45%

43%

36%

39%

35%

35%

The wrong direction

41%

52%

21%

61%

52%

25%

29%

32%

39%

34%

41%

40%

Don’t know

24%

26%

16%

189%

21%

24%

25%

25%

25%

26%

24%

25%

35% of respondents think that Australia’s economy is heading in the right direction and 41% think it is heading in the wrong direction. This represents no significant change since this question was asked in May.

22% (up 3%) of Labor voters, 62% (down 5%) of Liberal/National voters and 21% (up 12%) of Greens voters think the economy is heading in the right direction. 52% (down 6%) of Labor voters, 61% (down 4%) of Greens voters and 47% of those earning less than $600pw think the economy is heading in the wrong direction.

Concern about economic issues

Sep 1, 2015

Q. How concerned are you personally about the following economic issues?

Very concerned

Somewhat concerned

Not so concerned

Not at all concerned

Don’t know

Very concerned Feb 2015

Change

Cost of electricity and gas

52%

33%

10%

3%

3%

47%

+5

Housing affordability

46%

33%

14%

4%

4%

39%

+7

Cost of food and groceries

42%

39%

13%

3%

3%

35%

+7

Cost of petrol

42%

36%

14%

4%

3%

24%

+18

Job security

35%

39%

15%

6%

5%

29%

+6

Wealth disparity

35%

33%

19%

7%

6%

30%

+5

Unemployment

34%

42%

15%

6%

3%

30%

+4

Value of the Australian dollar

32%

39%

21%

4%

4%

24%

+8

Tax levels

32%

37%

21%

6%

5%

24%

+8

Interest rates

28%

34%

24%

10%

5%

19%

+9

The current budget deficit

25%

39%

24%

7%

6%

27%

-2

National debt

24%

37%

27%

7%

5%

27%

-3

Economic issues of most concern were cost of electricity/gas (52% very concerned), housing affordability (46%), cost of food and groceries (42%) and the cost of petrol (42%). Since February there have been increases in concern about almost all issues – especially cost of petrol (up 18%, although concern was unusually low in February), interest rates (up 9%), tax levels (up 8%), value of the dollar (up 8%), housing affordability (up 7%) and cost of food and groceries (up 7%).

Trust most to handle the economy

May 26, 2015

Q. Who would you trust most to handle Australia’s economy – The Treasurer Joe Hockey or the Shadow Treasurer Chris Bowen?

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other/ Indep- endent

Aug 2014

Mar 2015

May 2015 Pre- budget

Joe Hockey

29%

6%

65%

5%

22%

34%

26%

30%

Chris Bowen

23%

47%

7%

28%

18%

23%

25%

22%

Don’t know

47%

47%

28%

67%

61%

43%

49%

48%

29% have more trust in Joe Hockey to handle Australia’s economy and 23% have more trust in Chris Bowen. 47% don’t know who they would trust more.

These results are little changed since this question was asked in the week prior to the Federal Budget.

Economy heading in right or wrong direction

May 19, 2015

Q. Do you think Australia’s economy is heading in the right or wrong direction?

 

 

Total

 

  Vote Labor Vote Lib/Nat Vote Greens Vote other   May 2010 May 2011 Jun 2012 Apr 2013 Apr 2014 Aug 2014
The right direction 35% 19% 67% 9% 23% 51% 45% 43% 36% 39% 35%
The wrong direction 40% 58% 14% 65% 58% 25% 29% 32% 39% 34% 41%
Don’t know 25% 23% 19% 27% 19% 24% 25% 25% 25% 26% 24%

35% of respondents think that Australia’s economy is heading in the right direction and 40% think it is heading in the wrong direction. This represents no significant change since this question was asked last August.

19% (down 5%) of Labor voters, 67% (up 11%) of Liberal/National voters and 9% (down 17%) of Greens voters think the economy is heading in the right direction. 58% (up 4%) of Labor voters, 65% (up 11%) of Greens voters and 48% of those earning less than $1,000pw think the economy is heading in the wrong direction.

Management of the economy

Oct 7, 2014

Q. How would you rate the government’s management of the Australian economy compared to how governments in other countries around the world have managed their economies? 

 

Total

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

 

May 2013

May 2014

Total Good

39%

21%

68%

25%

19%

39%

40%

Total Poor

28%

44%

7%

52%

38%

32%

31%

Very good

11%

5%

22%

4%

2%

11%

9%

Good

28%

16%

46%

21%

17%

28%

31%

Neither good nor poor

28%

31%

24%

18%

34%

24%

24%

Poor

15%

22%

6%

20%

20%

17%

14%

Very poor

13%

22%

1%

32%

18%

15%

17%

Don’t know

5%

3%

1%

4%

9%

5%

5%

39% of Australians would rate the government’s management of the economy, compared to other countries around the world, as good.

28% would rate their management of the economy as poor.

There have been no major shifts in attitudes since this question was asked in May.

Labor (21%), Greens (25%) and other (19%) voters were less likely to rate the government’s management of the economy as ‘good’. Lib/Nat voters (68%) were more likely to rate the government’s management of the economy as ‘good’.

47% of those earning $1,600+ pw rate the government’s management ‘good’ and 35% of those earning less than $1,000 pw rate it ‘poor’.

Renewables vs fossil fuels

Sep 2, 2014

Q. As far as you know, which energy source – renewable energy like solar and wind OR fossil fuels like coal and gas – is better for each of the following?

 

 

Renewable energy better

Fossil fuels better

No difference

Don’t know

The environment

77%

5%

8%

11%

The economy

39%

29%

14%

18%

Jobs

36%

25%

19%

20%

Electricity costs

45%

19%

14%

22%

Overall, respondents think that renewable energy is better for the environment (77%), electricity costs (45%), the economy (39%) and jobs (36%).

Older respondents tended to have a slightly more positive view of renewable energy – for those aged 55+, 47% believe renewables are better for the economy.

Party Trust to Handle Issues

Jun 3, 2014

Q.  Which party would you trust most to handle the following issues?

 

Labor

Liberal

Greens

Don’t know

 

Difference

3 June 14

Difference 11 Feb 14

Management of the economy

28%

41%

4%

28%

-13

-19

Ensuring a quality education for all children

43%

28%

6%

23%

+15

+7

Ensuring the quality of Australia’s health system

41%

28%

7%

24%

+13

+2

Protecting the environment

20%

18%

40%

22%

+22

+15

A fair industrial relations system

40%

29%

6%

26%

+11

+5

Political leadership

28%

34%

5%

33%

-6

-13

Addressing climate change

22%

20%

32%

26%

+12

+3

Controlling interest rates

28%

40%

3%

29%

-12

-17

Australian jobs and protection of local industries

40%

28%

5%

27%

+12

+2

Ensuring a quality water supply

21%

26%

25%

28%

-5

-10

Housing affordability

31%

27%

6%

35%

+4

-2

Ensuring a fair taxation system

32%

33%

6%

29%

-1

-6

Security and the war on terrorism

23%

39%

5%

33%

-16

-16

Treatment of asylum seekers

20%

37%

14%

29%

-17

-16

Managing population growth

21%

31%

9%

38%

-10

-11

Note – Differences are calculated by subtracting Liberal % from Labor % – except for the two issues on which the Greens lead in which case it is Greens minus Liberal.

The Liberal Party is trusted more to handle management of the economy (-13), controlling interest rates (-12), security and the war on terrorism (-16) and treatment of asylum seekers (-17). The Labor Party is trusted more to handle a quality education for all children (+15), ensuring the quality of Australia’s health system  (+13), Australian jobs and protection of local industries (+12) and a fair industrial relations system (+11).

Since this question was asked in February, the Labor Party has improved its position on most issues – especially the quality of the health system (up 11), Australian jobs and protection of local industries (up 10) and education (up 8).

Management of the Australian economy

May 6, 2014

Q. How would you rate the Government’s management of the Australian economy compared to how governments in other countries around the world have managed their economies?

 

Total

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

 

6 May 2013

(Labor Government)

Total Good

40%

24%

68%

22%

30%

39%

Total Poor

31%

47%

6%

55%

43%

32%

Very good

9%

3%

17%

6%

7%

11%

Good

31%

21%

51%

16%

23%

28%

Neither good nor poor

24%

26%

23%

24%

25%

24%

Poor

14%

20%

4%

20%

18%

17%

Very poor

17%

27%

2%

35%

25%

15%

Don’t know

5%

4%

3%

2%

5%

40% of Australians would rate the government’s management of the economy, compared to other countries around the world, as good.

31% would rate their management of the economy as poor.

There has been no major shift in attitudes since the last time this question was asked in May 2013 (for the then Labor Government).

Labor (24%), Green (22%) and other (30%) voters were less likely to rate the government’s management of the economy as ‘good’. Lib/Nat voters (64%) were more likely to rate the government’s management of the economy as ‘good’.

Those aged 65+ were more likely to rate the government’s management of the economy as ‘good’ (55%).

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