Reasons economy is poor

Apr 8, 2013

Q. What is the main reason you don’t think the state of the economy is good? *

 

28 May 12

Total

Vote Labor

Vote Lib/Nat

Poor economic management by Government

27%

40%

17%

52%

Increasing cost of living

34%

27%

41%

22%

Businesses are struggling

13%

11%

7%

13%

Increasing gap between rich and poor

9%

7%

15%

3%

Incomes aren’t increasing fast enough to keep up

7%

6%

7%

5%

Global financial problems

7%

5%

7%

4%

Other reason

2%

3%

6%

2%

Don’t know

1%

1%

* Based on those who disagree that economy is good.

Those who disagreed that the economy was good said the main reasons were poor economic management by Government (40%) and the increasing cost of living (27%). Those who blame poor economic management by the Government has increased 13% and cost of living has decreased 7% since May last year.

62% of respondents aged 55+ blamed poor economic management by Government while the increasing cost of living was the major factor for 41% of respondents aged 25-44.

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