Personal financial situation

Aug 28, 2012

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

 

28 Jun

10

18 Oct

10

4 April

11

4 Jul

11

3 Oct

11

26 Mar 12

Total

27 Aug 12

Vote

Labor

Vote

Lib/Nat

Vote

Greens

Total better

29%

33%

32%

28%

24%

28%

29%

36%

23%

39%

Total worse

31%

29%

31%

36%

41%

37%

37%

29%

44%

29%

Get a lot better

5%

6%

7%

5%

4%

5%

6%

8%

4%

9%

Get a little better

24%

27%

25%

23%

20%

23%

23%

28%

19%

30%

Get a little worse

21%

21%

22%

23%

27%

27%

26%

19%

33%

17%

Get a lot worse

10%

8%

9%

13%

14%

10%

11%

10%

11%

12%

Stay much the same

37%

32%

32%

32%

32%

29%

30%

32%

31%

27%

No opinion

4%

5%

5%

3%

3%

5%

5%

3%

3%

5%

29% (up 1% since March) of respondents believe that their personal financial situation will get better in the next 12 months and 37% worse (no change). 30% (up 1%) expect it to stay much the same.

Greens voters (39% better) and Labor voters (36%) are the most likely to believe that their personal financial situation will get better over the next 12 months, whereas Coalition voters are the most likely to believe that theirs will get worse (44%).

People on lower incomes were more pessimistic about their personal financial outlook – those earning under $600 per week split 23% better/48% worse – compared to those earning more than $1,600pw who split 38% better/29% worse.

Personal financial situation

Mar 26, 2012

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

 

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

29%

33%

32%

28%

24%

28%

34%

25%

36%

Total worse

31%

29%

31%

36%

41%

37%

29%

42%

34%

Get a lot better

5%

6%

7%

5%

4%

5%

5%

4%

14%

Get a little better

24%

27%

25%

23%

20%

23%

29%

21%

22%

Get a little worse

21%

21%

22%

23%

27%

27%

22%

30%

27%

Get a lot worse

10%

8%

9%

13%

14%

10%

7%

12%

7%

Stay much the same

37%

32%

32%

32%

32%

29%

32%

31%

25%

No opinion

4%

5%

5%

3%

3%

5%

5%

2%

5%

28% (up 4% since October last year) of respondents believe that their personal financial situation will get better in the next 12 months and 37% worse (down 4%). 29% (down 3%) expect it to stay much the same. However, these results are very similar to those of July 2011.

Greens voters (36% better) and Labor voters (34%) are the most likely to believe that their personal financial situation will get better over the next 12 months, whereas Coalition voters are the most likely to believe that theirs will get worse (42%).

People on lower incomes were more pessimistic about their personal financial outlook – those earning under $600 per week split 22% better/49% worse – compared to those earning more than $1,600pw who split 36%better/30% worse.

Comments »

2012 Outlook – Economy and Family

Dec 19, 2011

Q. Thinking about the next 12 months, do you think 2012 will be a good or bad year for each of the following?

Total good

Dec 10

Total bad

Dec10

Total good Total bad Very good Good Neither good nor bad Bad Very bad Don’t know/Not applicable
The Australian economy 48% 16% 29% 35% 3% 26% 32% 28% 7% 3%
Your personal financial situation 39% 20% 33% 27% 4% 29% 38% 20% 7% 2%
Your workplace * 47% 16% 45% 20% 6% 39% 36% 15% 5% 2%
You and your family overall 51% 14% 52% 16% 10% 42% 30% 12% 4% 2%

* based on working people

Overall, respondents were optimistic that 2012 would be a good year for themselves overall (52%) and their workplace (45%). They tended to be less optimistic about their financial situation (33% good/27% bad) and somewhat pessimistic about the Australian economy (29%/35%).

Compared to expectations 12 months ago, respondents were much less optimistic about the Australian economy (48% good last year compared to 29% good this year) and also rather less optimistic about their own financial situation (39%/20% last year compared to 33%/27% this year).

When compared with last week’s questions on perceptions of 2011, these figures suggest that respondents expect 2012 to be better than 2011 for themselves and their family (net +36% for next year compared to net +24% for this year), a little better for their workplace (+25% next year, +20% last year) and their own financial situation (+6% next year, -2% this year). The Australian economy is expected to be a little worse in 2012 (-6% next year compared to +2% last year).

Comments »

The Past Year – Personal

Dec 12, 2011

Q. Has it been a good or bad year for each of the following?

Total good

(Dec 10)

Total bad

(Dec 10)

Total good Total bad Very good Good Neither good nor bad Bad Very bad Don’t know
Your personal financial situation 28% 28% 30% 32% 5% 25% 37% 22% 10% 1%
Your workplace * 43% 21% 43% 23% 8% 35% 33% 18% 5% 2%
You and your family overall 43% 19% 44% 20% 8% 36% 34% 15% 5% 1%

* based on working people

Respondents were evenly divided over whether it has been a good or bad year financially. Those most likely to say it was a good year were full-time workers (38% good/28% bad), aged under 35 (37%/28%) and incomes over $1,600pw (41%/25%).

Respondents were more positive about their workplace (43%/23%) and overall for themselves and their family (44%/20%). Younger respondents were a little more positive about themselves and their family– those aged under 35 split 50% good/15% bad.

On these measures 2011 was considered very similar to 2010.

Comments »

Personal financial situation

Oct 3, 2011

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

28 Jun

10

18 Oct

10

4 April

11

4 Jul

11

3 Oct

11

Vote

Labor

Vote

Lib/Nat

Vote

Greens

Total better 29% 33% 32% 28% 24% 30% 23% 32%
Total worse 31% 29% 31% 36% 41% 27% 52% 35%
Get a lot better 5% 6% 7% 5% 4% 6% 3% 7%
Get a little better 24% 27% 25% 23% 20% 24% 20% 25%
Get a little worse 21% 21% 22% 23% 27% 16% 34% 29%
Get a lot worse 10% 8% 9% 13% 14% 11% 18% 6%
Stay much the same 37% 32% 32% 32% 32% 41% 24% 31%
No opinion 4% 5% 5% 3% 3% 2% 1% 2%

Twenty four per cent (24%) of respondents believe that their personal financial situation will get a lot better (4%) or a little better (20%) in the next 12 months.  A larger proportion of respondents believe that their personal financial situation will get a little worse (27%) or a lot worse (14%) over the next 12 months (41% total worse).

Compared to 12 months ago, individual optimism over personal financial situations has weakened, falling from 33% (total better) in October 2010 to 24% (total better).

The proportion of respondents believing their personal financial situation will get worse over the next 12 months has risen 12% from 29% (total worse) in October 2010 to 41% (total worse).

Greens voters are the most likely to believe that their personal financial situation will get better over the next 12 months (32% total better), whereas Coalition voters are the most likely to believe that theirs will get worse (52% total worse).

Comments »

Personal financial situation

Jul 4, 2011

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 4 April 11 4 Jul 11 Vote Labor Vote Lib/Nat Vote Greens
Total better 40% 29% 33% 32% 28% 34% 25% 41%
Total worse 23% 31% 29% 31% 36% 27% 45% 22%
Get a lot better 8% 5% 6% 7% 5% 9% 3% 7%
Get a little better 32% 24% 27% 25% 23% 25% 22% 34%
Get a little worse 17% 21% 21% 22% 23% 18% 28% 18%
Get a lot worse 6% 10% 8% 9% 13% 9% 17% 4%
Stay much the same 33% 37% 32% 32% 32% 37% 29% 32%
No opinion 4% 4% 5% 5% 3% 1% 1% 5%

28% think their own personal financial situation will get better over the next 12 months and 36% worse – 32% think they will stay much the same.

This is somewaht less optimistic than the April result – a decrease from net +1% to -8%.

Among full-time workers, 32% think their situation will get better and 34% worse while those who are not working are more pessimistic – 23% better/40% worse.

For those aged 55+, 12% expect their financial situation to get better and 50% worse while for those aged under 35, 43% expect it to get better and 25% worse.

Comments »

Personal financial situation

Apr 4, 2011

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 4 April 11 Vote Labor Vote Lib/Nat Vote Greens
Total better 40% 29% 33% 32% 37% 29% 40%
Total worse 23% 31% 29% 31% 28% 35% 21%
Get a lot better 8% 5% 6% 7% 7% 7% 7%
Get a little better 32% 24% 27% 25% 30% 22% 33%
Get a little worse 17% 21% 21% 22% 21% 24% 16%
Get a lot worse 6% 10% 8% 9% 7% 11% 5%
Stay much the same 33% 37% 32% 32% 32% 33% 34%
No opinion 4% 4% 5% 5% 3% 3% 6%

32% think their own personal financial situation will get better over the next 12 months and 31% worse – 32% think they will stay much the same.

This is a little less optimistic than the October result – a decrease from net +4% to +1%.

Among full-time workers, 40% think their situation will get better and 27% worse while those who are not working are more pessimistic – 25% better/32% worse/36% much the same.

For those aged 55+, 15% expect their financial situation to get better and 39% worse while for those aged under 35, 48% expect it to get better and 24% worse.

Comments »

2011 Outlook – Economy and Family

Dec 20, 2010

Q. Thinking about the next 12 months, do you think 2011 will be a good or bad year for each of the following?

Total good Total poor Very good Good Neither good nor bad Bad Very bad Don’t know/Not applicable
The Australian economy 48% 16% 5% 43% 32% 14% 2% 5%
Your personal financial situation 39% 20% 7% 32% 38% 14% 6% 3%
Your workplace * 47% 16% 8% 39% 33% 13% 3% 4%
You and your family overall 51% 14% 10% 41% 30% 11% 3% 4%

* based on working people

Overall, respondents were optimistic that 2011 would be a good year for themselves overall (51%), the Australian economy (48%) and their workplace (47%). They tended to be a little less optimistic about their financial situation (39% good/20% bad).

When compared with last week’s questions on perceptions of 2010, these figures suggest that respondents expect 2011 to be better than 2010.

In particular, more respondents believed it would be a good year for their personal situation (28% 2010/39% 2011), the Australian economy (41%/48%) and themselves and their families overall (43%/51%).

Comments »

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