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  • May, 2012

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    Opinion of Interest Rates

    Q. In fact, the official interest rate is a lot lower – it is now 3.75% compared to 6.75% when the Labor Government was elected in 2007. Do you think it is good or bad that interest rates have fallen?

     

    Total

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Total good

    54%

    66%

    47%

    57%

    Total bad

    14%

    8%

    20%

    4%

    Very good

    19%

    29%

    13%

    21%

    Good

    35%

    37%

    34%

    36%

    Neither good nor bad

    24%

    21%

    26%

    28%

    Bad

    10%

    4%

    15%

    4%

    Very bad

    4%

    4%

    5%

    Don’t know

    9%

    4%

    6%

    11%

     54% think that it is good that interest rates have fallen – 14% think it is bad.

    61% of respondents aged 35-54 think the fall in rates is good compared to 37% of those aged 65+. There were not major differences across income groups.

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