Economic issues

Mar 31, 2015

Q. Do you think the following have become better or worse compared to 12 months ago?

  Total better Total worse   A lot better A little better No change A little worse A lot worse Don’t know   Total better Oct 2014 Total worse Oct 2014
Company profits 34% 23% 10% 24% 26% 15% 8% 17% 31% 19%
Your personal financial situation 19% 41% 3% 16% 38% 25% 16% 2% 16% 44%
Wages 13% 36% 1% 12% 44% 24% 12% 8% 9% 36%
The economy overall 16% 55%   2% 14% 23% 36% 19% 7% 18% 50%
National debt 14% 53% 2% 12% 22% 27% 26% 12% 15% 51%
Job security 10% 53% 2% 8% 31% 30% 23% 7% 6% 61%
Un-employment 8% 61%   1% 7% 25% 37% 24% 7% 11% 60%
Electricity costs 12% 66% 2% 10% 18% 32% 34% 5% 7% 67%
Cost of living 6% 72% 1% 5% 19% 41% 31% 3% 6% 72%

A substantial majority believe that, in the last 12 months, cost of living (72%), electricity costs (66%) and unemployment (61%) have all got worse.

The only economic measure that has got better is company profits (34% better/23% worse).

Compared the last time this question was asked in October, the main shifts have been the economy overall (worse up from 50% to 55%) and job security (worse down from 61% to 53%).

Economic issues

Oct 21, 2014

Q. Do you think the following have become better or worse compared to 12 months ago?

 

Total better

Total worse

 

A lot better

A little better

No change

A little worse

A lot worse

Don’t know

Company profits

31%

19%

9%

22%

29%

12%

7%

19%

Wages

9%

36%

*

9%

44%

21%

15%

11%

Your personal financial situation

16%

44%

2%

14%

35%

28%

16%

5%

The economy overall

18%

50%

 

1%

17%

27%

33%

17%

6%

National debt

15%

51%

1%

14%

26%

29%

22%

9%

Unemployment

11%

60%

 

*

11%

23%

36%

24%

6%

Job security

6%

61%

1%

5%

26%

32%

29%

7%

Electricity costs

7%

67%

*

7%

19%

33%

34%

6%

Cost of living

6%

72%

*

6%

17%

40%

32%

5%

A substantial majority believe that, in the last 12 months, cost of living (72%), electricity costs (67%), job security (61%) and unemployment (60%) have all got worse.

The only economic measure that has got better is company profits (31% better/19% worse).

Concern about economic issues

Oct 7, 2014

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

Cost of electricity and gas

57%

28%

12%

2%

2%

Cost of petrol

49%

33%

11%

4%

3%

Cost of food and groceries

45%

37%

13%

3%

2%

Housing affordability

40%

35%

18%

4%

3%

Job security

35%

34%

21%

8%

3%

Wealth disparity

33%

30%

22%

7%

9%

Unemployment

31%

41%

19%

6%

4%

Tax levels

28%

36%

25%

8%

4%

Interest rates

25%

31%

30%

11%

3%

Value of the Australian dollar

22%

31%

34%

8%

5%

The current budget deficit

21%

33%

29%

11%

6%

National debt

21%

33%

30%

11%

5%

Economic issues of most concern were cost of electricity/gas (57% very concerned), cost of petrol (49%), cost of food and groceries (45%) and housing affordability (40%).

68% of those aged 45+ were very concerned about the cost of electricity/gas.

Women were more concerned than men about cost of food and groceries (51% vs 39% very concerned), cost of electricity/gas (62% vs 52%) and cost of petrol (56% vs 43%).

Economic issue of most concern

Sep 2, 2013

Q. Which of the following economic issues are you personally most concerned about?

 

Total

 

Vote Labor

Vote Lib/Nat

Vote Greens

Unemployment

23%

28%

22%

20%

Wealth disparity

19%

29%

7%

43%

Tax levels

15%

8%

21%

12%

Inflation

13%

13%

14%

5%

Budget surplus

11%

3%

20%

3%

Interest rates

9%

10%

10%

8%

None of them

7%

6%

6%

9%

Don’t know

3%

4%

1%

23% were most concerned about unemployment, 19% about wealth disparity and 15% about tax levels. Only 11% were most concerned about a budget surplus.

Labor voters were most concerned about wealth disparity (29%) and unemployment (28%), while Liberal/National voters were most concerned about unemployment (22%), tax levels (21%) and a budget surplus (20%).