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.