The economy

Jan 29, 2013

Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?  

 

1 Dec
08

15 Jun 09

5
Oct
09

28 Jun
10

18 Oct
10

4 Apr
11

4
Jul
11

3 Oct
11

26 Mar 12

7 May
12

27 Aug 12

Tot
29 Jan
13

Vote ALP

Vote Lib

Vote Gre
-ens

Total better

21%

43%

66%

33%

40%

27%

22%

16%

25%

23%

22%

29%

50%

21%

18%

Total worse

61%

37%

15%

31%

30%

37%

49%

58%

46%

46%

45%

37%

22%

51%

33%

Get a lot better

2%

5%

8%

5%

6%

4%

3%

2%

3%

2%

3%

4%

8%

2%

5%

Get a little better

19%

38%

58%

28%

34%

23%

19%

14%

22%

21%

19%

25%

42%

19%

13%

Get a little worse

45%

28%

11%

23%

20%

27%

31%

41%

31%

31%

30%

28%

18%

37%

25%

Get a lot worse

16%

9%

4%

8%

10%

10%

18%

17%

15%

15%

15%

9%

4%

14%

8%

Stay much the same

13%

17%

15%

30%

24%

27%

25%

22%

21%

25%

27%

27%

24%

25%

42%

No opinion

5%

3%

4%

7%

6%

8%

4%

4%

7%

6%

6%

6%

4%

3%

7%

Confidence in the economic outlook has improved since August.  The percentage of respondents believing conditions will get better increased 7 points to 29%, while those believing that economic conditions will get worse over the next 12 months dropped 8 points to 37%.  This is the most positive outlook recorded since October 2010.

Labor voters are optimistic overall – 50% better/22% worse.  Coalition voters are the most pessimistic, with 51% believing that thing will get worse over the next 12 months and only 21% better.

There was little difference across demographic groups except for older respondents – of those aged 55+, 27% think conditions will get better and 48% worse.

The Economy

Aug 28, 2012

Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?

 

1

Dec

08

15

Jun

09

5

Oct

09

28

Jun

10

18

Oct

10

4

Apr

11

4

Jul

11

3

Oct

11

26

Mar

12

7

May

12

Total

27 Aug 12

Vote ALP

Vote Lib/

Nat

Vote Greens

Total better

21%

43%

66%

33%

40%

27%

22%

16%

25%

23%

22%

34%

18%

23%

Total worse

61%

37%

15%

31%

30%

37%

49%

58%

46%

46%

45%

31%

57%

40%

Get a lot better

2%

5%

8%

5%

6%

4%

3%

2%

3%

2%

3%

7%

2%

2%

Get a little better

19%

38%

58%

28%

34%

23%

19%

14%

22%

21%

19%

27%

16%

21%

Get a little worse

45%

28%

11%

23%

20%

27%

31%

41%

31%

31%

30%

22%

35%

32%

Get a lot worse

16%

9%

4%

8%

10%

10%

18%

17%

15%

15%

15%

9%

22%

8%

Stay much the same

13%

17%

15%

30%

24%

27%

25%

22%

21%

25%

27%

30%

23%

29%

No opinion

5%

3%

4%

7%

6%

8%

4%

4%

7%

6%

6%

5%

2%

7%

Confidence in the economic outlook has shown little change since May.  The percentage of respondents believing conditions to be getting better declined a point to 22% and those believing that economic conditions will get worse over the next 12 months dropped a point to 45%. 27% think things will stay much the same (up 2 points).

Labor voters were the most optimistic overall – 34% better/31% worse.  Coalition voters are the most pessimistic, with 57% believing that thing will get worse over the next 12 months and only 18% better.

Men (28% better/42% worse) were a little more optimistic than women (16% better/47% worse).

The Economy

May 7, 2012

Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?  

 

1 Dec

08

15 Jun 09

5 Oct

09

28 Jun

10

18 Oct

10

4 April

11

4 Jul

11

3 Oct

11

26 Mar 12

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Total better

21%

43%

66%

33%

40%

27%

22%

16%

25%

23%

39%

18%

22%

Total worse

61%

37%

15%

31%

30%

37%

49%

58%

46%

46%

31%

59%

30%

Get a lot better

2%

5%

8%

5%

6%

4%

3%

2%

3%

2%

7%

1%

1%

Get a little better

19%

38%

58%

28%

34%

23%

19%

14%

22%

21%

32%

17%

21%

Get a little worse

45%

28%

11%

23%

20%

27%

31%

41%

31%

31%

27%

37%

22%

Get a lot worse

16%

9%

4%

8%

10%

10%

18%

17%

15%

15%

4%

22%

8%

Stay much the same

13%

17%

15%

30%

24%

27%

25%

22%

21%

25%

28%

19%

41%

No opinion

5%

3%

4%

7%

6%

8%

4%

4%

7%

6%

2%

3%

8%

Confidence in the economic outlook has shown little change since March.  The percentage of respondents believing conditions to be getting better declined 2 points to 23%, while those believing that economic conditions will get worse over the next 12 months remained at 46%.

Labor voters are optimistic overall – 39% better/31% worse.  Coalition voters are the most pessimistic, with 59% believing that thing will get worse over the next 12 months and only 18% better.

There was little difference across demographic groups.

Comments »

The Economy

Mar 26, 2012

Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?  

 

 

1 Dec

08

15 Jun 09

5 Oct

09

28 Jun

10

18 Oct

10

4 April

11

4 Jul

11

3 Oct

11

26 Mar 12

Vote Labor

Vote Lib/Nat

Vote Greens

Total better

21%

43%

66%

33%

40%

27%

22%

16%

25%

42%

17%

26%

Total worse

61%

37%

15%

31%

30%

37%

49%

58%

46%

29%

60%

37%

Get a lot better

2%

5%

8%

5%

6%

4%

3%

2%

3%

5%

2%

1%

Get a little better

19%

38%

58%

28%

34%

23%

19%

14%

22%

37%

15%

25%

Get a little worse

45%

28%

11%

23%

20%

27%

31%

41%

31%

25%

36%

34%

Get a lot worse

16%

9%

4%

8%

10%

10%

18%

17%

15%

4%

24%

3%

Stay much the same

13%

17%

15%

30%

24%

27%

25%

22%

21%

24%

19%

26%

No opinion

5%

3%

4%

7%

6%

8%

4%

4%

7%

4%

4%

12%

Confidence in the economic outlook has strengthened with the percentage of respondents believing conditions to be getting better increasing 9 points to 25%, from 16% in October last year.  Those believing that economic conditions will get worse over the next 12 months has fallen 12 points from 58% to 46%.

Labor voters are optimistic overall – 42% better/29% worse.  Coalition voters are the most pessimistic, with 60% believing that thing will get worse over the next 12 months and only 17% better.

There was little difference across income groups.

Comments »

The Economy – Heading in the Right/Wrong Direction

May 9, 2011

Q. Overall, from what you have read and heard, do you think the Australian economy is heading in the right direction or the wrong direction?

17 May 10

(Post 2010 budget)

Total Vote Labor Vote Liberal/ National Vote Greens
The right direction 51% 45% 75% 27% 51%
The wrong direction 25% 29% 7% 51% 17%
Don’t know 24% 25% 17% 22% 33%

45% of respondents think that Australia’s economy is heading in the right direction – 29% think it is heading in the wrong direction. Since this question was asked just after the 2010 budget, “right direction” has dropped 6% and “wrong direction” increased 4%.

75% of Labor voters, 27% of Liberal/National voters and 51% of Greens voters think the economy is heading in the right direction.

Comments »

The Economy

Oct 18, 2010

 Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?

  1 Dec 08 15 Jun 09 5 Oct 09 18 Jan 10 29 Mar 10 28 Jun 10 18 Oct 10
Total better 21% 43% 66% 53% 54% 33% 40%
Total worse 61% 37% 15% 19% 19% 31% 30%
Get a lot better 2% 5% 8% 9% 9% 5% 6%
Get a little better 19% 38% 58% 44% 45% 28% 34%
Get a little worse 45% 28% 11% 14% 13% 23% 20%
Get a lot worse 16% 9% 4% 5% 6% 8% 10%
Stay much the same 13% 17% 15% 24% 22% 30% 24%
No opinion 5% 3% 4% 4% 6% 7% 6%

 40% think economic conditions in Australia will get better over the next 12 months and 30% think they will get worse – a net improvement of 8% since this question was last asked in June.

 Younger people are more optimistic than older people – of those aged under 35, 50% think conditions will get better and 20% worse.

 54% of Labor voters think conditions will get better and 15% worse while 32% of Coalition voters think conditions will get better and 42% worse. Comments »

Personal financial situation

Oct 18, 2010

Q. Over the next 12 months do you think your personal financial situation will get better, get worse or stay much the same?

  29 Mar 10 28 Jun 10 18 Oct 10
Total better 40% 29% 33%
Total worse 23% 31% 29%
Get a lot better 8% 5% 6%
Get a little better 32% 24% 27%
Get a little worse 17% 21% 21%
Get a lot worse 6% 10% 8%
Stay much the same 33% 37% 32%
No opinion 4% 4% 5%

 33% think their own personal financial situation will get better over the next 12 months and 29% worse – 32% think they will stay much the same.

This is a little more optimistic than the June result – an increase from net -2% to +4%.

 Among full-time workers 41% think their situation will get better and 27% worse while those who are not working are more pessimistic – 27% better/32% worse/36% much the same. Comments »

Job security

Oct 18, 2010

 Q. How concerned are you that you or some member of your immediate family will lose their job in the next year or so: very concerned, somewhat concerned, or not at all concerned?

  16 Feb 09 27 Apr 09 8 Jun 09 5 Oct 09 18 Jan 10 29 Mar 10 28 Jun 10 18 Oct 10
Total concerned 62% 67% 52% 49% 45% 39% 43% 40%
Very concerned 22% 24% 13% 14% 12% 10% 9% 11%
Somewhat concerned 40% 43% 39% 35% 33% 29% 34% 29%
Not at all concerned 29% 23% 35% 40% 40% 45% 38% 42%
Don’t know 4% 5% 6% 6% 8% 7% 12% 10%
No employees in the immediate family 5% 5% 8% 5% 8% 9% 7% 7%

 

 40% were concerned that they or some member of their immediate family will lose their job in the next year or so and 42% were not at all concerned – a net positive movement of 7% since the last survey in June.

 Full-time workers (40% concerned/48% not concerned) were more optimistic than part-time workers (53% concerened/37% not concerned). Comments »

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