Value of the dollar – for the economy

Jul 1, 2013

Q. Over the last few weeks the value of the Australian dollar has fallen against other currencies. Do you think this is good or bad for the Australian economy?

 

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Total good

37%

42%

36%

29%

Total bad

25%

17%

34%

23%

Very good

6%

8%

5%

Good

31%

34%

31%

29%

Neither good nor bad

28%

32%

25%

39%

Bad

20%

15%

26%

15%

Very bad

5%

2%

8%

8%

Don’t know

10%

9%

5%

9%

37% think that the falling value of the dollar is good for the Australian economy and 25% think it is bad for the economy.

49% of those aged 55+ think it is good for the economy.

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 »

Trust to deal with GFC

Aug 15, 2011

Q. If there is another Global Financial Crisis, which party would you trust most to deal with it?

Total Vote Labor Vote Lib/Nat Vote Greens
The Labor Party 31% 75% 4% 61%
The Liberal Party 40% 4% 82% 5%
No difference 20% 13% 11% 27%
Don’t know 9% 8% 4% 8%

If there was another GFC, 40% would trust the Liberal Party more to handle it and 31% would trust the Labor Party more. When a similar question was asked last week, the results were 27% Labor/43% Liberal.

The only demographic groups trusting the Labor Party more were aged 18-24 (Labor 37%/Liberals 29%) and those earning less than $600pw (Labor 41%/Liberals 32%).

Comments »

Trust to Handle Economy

Aug 8, 2011

Q. Which party would you trust most to handle the economy if there was another Global Financial Crisis (GFC)?

Total Vote Labor Vote Lib/Nat Vote Greens
The Labor Party 27% 77% 3% 41%
The Liberal Party 43% 6% 86% 3%
No difference 19% 13% 9% 42%
Don’t know 10% 4% 2% 13%

43% said they would trust the Liberal Party most to handle the economy if there was another GFC, 27% would trust the Labor Party most and 19% said there was no difference.

Those aged under 35 were more likely to think there was no difference (25%) while those aged 55+ were more likely to prefer the Liberal Party (54%)

Comments »

Interest in Federal Budget

May 16, 2011

Q. Thinking about the Federal Budget – how much attention did you pay to the Federal Budget?

2009 2010 2011
Total a lot/some 66% 53% 52%
Total a little/none 31% 44% 45%
A lot 29% 18% 19%
Some 37% 35% 33%
A little 25% 29% 31%
None 6% 15% 14%
Can’t say 3% 3% 2%

Just over half (52%) of respondents said they paid a lot or some attention to the Federal Budget. This is much the same as the corresponding figure of 53% for last year’s budget.

Those most interested were Liberal/National voters (64%) and people aged 55+ (63%). Only 42% of respondents aged 18-34 paid a lot or some attention to the budget.

Comments »

Perceived Impact of Budget

May 16, 2011

Q. Do you think the Federal Budget was good or bad for you personally?

Q. Do you think the Federal Budget was good or bad for Australian businesses?

Q. Do you think the Federal Budget was good or bad for the Australian economy overall?

You personally Businesses The economy overall
2010 2011 2010 2011 2010 2011
Total good 22% 11% 27% 20% 36% 27%
Total bad 26% 29% 32% 25% 28% 29%
Very good 3% 2% 3% 3% 6% 4%
Good 19% 9% 24% 17% 30% 23%
Neither good nor bad 33% 44% 9% 31% 10% 25%
Bad 18% 21% 22% 19% 18% 21%
Very bad 8% 8% 10% 6% 10% 8%
Don’t know 20% 16% 31% 23% 26% 20%

Overall there was a less positive response to the 2011 budget than to the 2010 budget. The main differences were that respondents were less likely to rate the budget good and more likely to think it was neither good nor bad. The proportions who thought it was bad were similar to last year.

44% of respondents thought the Federal budget was nether good nor bad for them personally – 11% said it was good and 29% bad. The only substantial differences by demographics were that 51% of respondents aged 55+ thought it was nether good nor bad.

25% thought the budget was bad for business, 20% good and 31% said it was neither. 35% of Labor voters said it was good for business and 45% of Liberal/National voters said it was bad.

Respondents were split over whether it was good or bad for the economy overall – 27% said it was good and 29% bad. Labor voters split 50% good/9% bad compared to Liberal/National voters at 12% good/51% bad.

Comments »

Economy Heading in the Right/Wrong Direction

May 16, 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?

Post budget 2010 Pre budget 2011 Post budget 2011 Vote Labor Vote Liberal/ National Vote Greens
The right direction 51% 45% 46% 74% 30% 46%
The wrong direction 25% 29% 29% 9% 49% 24%
Don’t know 24% 25% 25% 17% 21% 30%

Nearly half (46%) the respondents think that Australia’s economy is heading in the right direction – 29% think it is heading in the wrong direction.

This was a little less positive than the post 2010 budget poll, but unchanged from the poll taken before the 2011 budget – which suggests that the budget has had no impact on overall perceptions of the economy.

74% of Labor voters, 30% of Liberal/National voters and 46% of Greens voters think the economy is heading in the right direction.

Comments »

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