Australian economy heading in right or wrong direction

Aug 19, 2014

Q. From what you have read and heard, do you think the Australian economy is heading in the right direction or the wrong direction?

 

 

May 2010

May 2011

Jun 2012

Apr 2013

Sep 2013

Jan 2014

Apr 2014

 

Total

 

 

Vote Labor

Vote Lib/ Nat

Vote Greens

Vote other

The right dir-ection

51%

45%

43%

36%

44%

38%

39%

35%

24%

56%

26%

23%

The wrong dir-ection

25%

29%

32%

39%

26%

33%

34%

41%

54%

22%

54%

54%

Don’t know

24%

25%

25%

25%

30%

29%

26%

24%

22%

22%

19%

23%

35% of respondents think that Australia’s economy is heading in the right direction and 41% think it is heading in the wrong direction. This represents a net change from +5 to -6 since April – and the most pessimistic response recorded over the last four years.

24% (down 1%) of Labor voters, 56% (down 11%) of Liberal/National voters and 26% (up 4%) of Greens voters think the economy is heading in the right direction. 54% of Labor and Greens voters and 50% of those earning less than $600pw think the economy is heading in the wrong direction.

State of the economy

Apr 1, 2014

Q. Overall, how would you describe the current state of the Australian economy?

 

 

28 May 12

8 Apr 13

16 Sep 13

21 Jan 14

 

Total

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

Total good

35%

45%

40%

34%

38%

38%

47%

36%

21%

Total poor

29%

26%

25%

26%

24%

24%

18%

24%

46%

Very good

6%

8%

6%

4%

3%

3%

5%

5%

-

Good

29%

37%

34%

30%

35%

35%

42%

31%

21%

Neither good nor poor

33%

28%

32%

36%

34%

34%

33%

37%

33%

Poor

20%

17%

20%

21%

19%

18%

16%

20%

31%

Very poor

9%

9%

5%

5%

5%

6%

2%

4%

15%

Don’t know

2%

2%

3%

4%

4%

4%

2%

4%

-

38% described the economy as good or very good and 24% poor/very poor – 34% said it was neither. This represents a net improvement from +8 to +14 since January. The main shift since January was an increase of 7% for “good” and a decrease of 6% for “poor” among Liberal/National voters.

Those most likely to think the economy was good/very good were people with incomes over $1,600pw (42%). Liberal/National voters (47%) were more likely that Labor voters (38%) to think the economy was good.

Australian economy heading in right or wrong direction

Apr 1, 2014

Q. From what you have read and heard, do you think the Australian economy is heading in the right direction or the wrong direction?

 

 

17 May 10

9 May 11

18 Jun 12

29 Apr 13

16 Sep 13

21 Jan 14

 

Total

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

The right direction

51%

45%

43%

36%

44%

38%

39%

25%

67%

22%

21%

The wrong direction

25%

29%

32%

39%

26%

33%

34%

43%

15%

50%

61%

Don’t know

24%

25%

25%

25%

30%

29%

26%

32%

19%

29%

18%

39% of respondents think that Australia’s economy is heading in the right direction – 34% think it is heading in the wrong direction. These figures are almost unchanged since this question was asked in January.

25% (up 2%) of Labor voters, 67% (up 4%) of Liberal/National voters and 22% (up 1%) of Greens voters think the economy is heading in the right direction. 45% of men think the economy is heading in the right direction compared to 33% of women.

State of the economy

Jan 21, 2014

Q. Overall, how would you describe the current state of the Australian economy?

 

 

28 May 12

8 Apr 13

16 Sep 13

 

Total

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

Total good

35%

45%

40%

34%

35%

40%

35%

26%

Total poor

29%

26%

25%

26%

25%

24%

26%

41%

Very good

6%

8%

6%

4%

5%

4%

5%

3%

Good

29%

37%

34%

30%

30%

36%

30%

23%

Neither good nor poor

33%

28%

32%

36%

38%

35%

37%

31%

Poor

20%

17%

20%

21%

19%

21%

22%

31%

Very poor

9%

9%

5%

5%

6%

3%

4%

10%

Don’t know

2%

2%

3%

4%

3%

2%

3%

2%

34% described the economy as good or very good and 26% poor/very poor – 36% said it was neither. This represents a net decline from +15 to +8 since September.

Those most likely to think the economy was good/very good were people with incomes over $1,600pw (41%). Liberal/National voters (40%) were only slightly more likely that Labor voters (35%) to think the economy was good.

 

Australian economy heading in right or wrong direction

Jan 21, 2014

Q. From what you have read and heard, do you think the Australian economy is heading in the right direction or the wrong direction?

 

 

17 May 10

9 May 11

18 Jun 12

29 Apr 13

16 Sep 13

 

Total

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Vote other

The right direction

51%

45%

43%

36%

44%

38%

23%

63%

21%

33%

The wrong direction

25%

29%

32%

39%

26%

33%

49%

14%

54%

38%

Don’t know

24%

25%

25%

25%

30%

29%

28%

24%

25%

29%

38% of respondents think that Australia’s economy is heading in the right direction – 33% think it is heading in the wrong direction. Since this question was asked in September, “right direction” has decreased 6% and “wrong direction” increased 7%.

23% (down 17%) of Labor voters, 63% (up 11%) of Liberal/National voters and 21% (down 12%) of Greens voters think the economy is heading in the right direction. 42% of men think the economy is heading in the right direction compared to 35% of women.

Economic outlook

Sep 16, 2013

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

5 Oct

09

18 Oct

10

3 Oct

11

27 Aug 12

29 Jan

13

 

Total

16 Sep 13

 

Vote Labor

Vote Lib/Nat

Vote Greens

Total better

21%

66%

40%

16%

22%

29%

38%

16%

68%

13%

Total worse

61%

15%

30%

58%

45%

37%

33%

59%

8%

58%

Get a lot better

2%

8%

6%

2%

3%

4%

7%

4%

14%

-

Get a little better

19%

58%

34%

14%

19%

25%

31%

12%

54%

13%

Get a little worse

45%

11%

20%

41%

30%

28%

23%

40%

7%

40%

Get a lot worse

16%

4%

10%

17%

15%

9%

10%

19%

1%

18%

Stay much the same

13%

15%

24%

22%

27%

27%

19%

17%

19%

20%

Don’t know

5%

4%

6%

4%

6%

6%

10%

9%

5%

10%

Confidence in the economic outlook has improved since January.  The percentage of respondents believing conditions will get better increased 9 points to 38%, while those believing that economic conditions will get worse over the next 12 months dropped 4 points to 33%.  This is the most positive outlook recorded since October 2010.

Shifts in opinion are strongly associated with voting intention – Labor voters have shifted from 50% better/22% worse (net +28) to 16% better/59% worse (net -43). Liberal/National voters have shifted from 21% better/51% worse (net -30) to 68% better/8% worse (net +60).

State of the economy

Jul 15, 2013

Q. Overall, how would you describe the current state of the Australian economy?

 

 

28 May 12

8 Apr 13

 

Total

15 Jul 13

 

 

Vote Labor

Vote Lib/Nat

Vote Greens

Total good

35%

45%

36%

59%

18%

54%

Total poor

29%

26%

30%

14%

45%

12%

Very good

6%

8%

6%

10%

1%

10%

Good

29%

37%

30%

49%

17%

44%

Neither good nor poor

33%

28%

30%

25%

34%

33%

Poor

20%

17%

22%

12%

32%

11%

Very poor

9%

9%

8%

2%

13%

1%

Don’t know

2%

2%

3%

3%

2%

2%

36% described the economy as good or very good and 30% poor/very poor – 30% said it was neither. This represents a net decline from +19 to +6 since April.

Those most likely to think the economy was good/very good were people with incomes over $1,600pw (41%).

Those most likely to think the economy was poor/very poor were aged 55+ (35%) and people with incomes under $600pw (36%).

Australian economy heading in right or wrong direction

Jul 15, 2013

Q. From what you have read and heard, do you think the Australian economy is heading in the right direction or the wrong direction?

17 May 10

9
May 11

4
Jul
11

26 Mar 12

18
Jun
12

29
Apr
13

 

Total
15
Jul 13

 

 

Vote ALP

Vote
Lib

Vote Greens

The right direction

51%

45%

37%

36%

43%

36%

38%

66%

18%

46%

The wrong direction

25%

29%

43%

41%

32%

39%

42%

15%

66%

30%

Don’t know

24%

25%

20%

22%

25%

25%

20%

18%

16%

24%

38% of respondents think that Australia’s economy is heading in the right direction – 42% think it is heading in the wrong direction. Since this question was asked in April, “right direction” has increased 2% and “wrong direction” increased 3%.

66% (down 2%) of Labor voters, 18% (down 3%) of Liberal/National voters and 46% (up 1%) of Greens voters think the economy is heading in the right direction. 43% of men think the economy is heading in the right direction compared to 34% of women.

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