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).

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