The Past Year – The Economy and Industries

Dec 12, 2011

Q. Thinking about the last 12 months, 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
The banks 69% 13% 71% 8% 35% 36% 16% 6% 2% 4%
The mining industry 57% 14% 68% 11% 34% 34% 15% 8% 3% 6%
Large companies and corporations 44% 15% 40% 22% 8% 32% 32% 18% 4% 6%
The Australian economy 41% 20% 33% 31% 4% 29% 32% 24% 7% 3%
The media 30% 14% 25% 27% 6% 19% 37% 19% 8% 10%
Farming and agriculture 14% 50% 23% 40% 2% 21% 30% 28% 12% 7%
The environment 14% 37% 20% 33% 3% 17% 41% 24% 9% 6%
Small business 14% 45% 10% 61% 1% 9% 24% 42% 19% 6%

A majority of respondents think it has been a good year for the banks (71%) and the mining industry (68%). They are also more likely to think it has been a good year for large companies and corporations (40% good/22% bad) and the economy (33%/31%). However, they are more likely to think the year has been bad for small business (61%), farming and agriculture (40%) and the environment (33%).

In terms of the economy, Labor voters (50% good/18% bad) and Greens voters (47%/15%) were more likely to think it has been a good year – while 45% of Liberal/National voters considered it poor and 23% good.

Compared to last years’ results, respondents considered 2011 a better year than 2010 for the mining industry (up 11% to 68% good), farming and agriculture (up 9% to 23%) and the environment (up 6% to 20%). Perceptions of the economy dropped from a net +21% to +2%.

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