Economy: Direct investment vs trickle-down approach

Oct 6, 2020

Q. Which of the following is closest to your view on the best way to create jobs and grow the economy?

  Total Gender Age Group
  Male Female 18-34 35-54 55+
The government should directly invest in the economy by creating projects and jobs, and raise the standard of living for the majority of workers 69% 67% 70% 57% 66% 81%
The government should relax regulation and lower taxes for the wealthy to encourage businesses to grow and create jobs 19% 23% 14% 28% 20% 10%
Unsure 13% 9% 16% 15% 14% 9%
Base (n) 1,066 531 535 340 341 385

 

  Total Federal Voting Intention
  Labor Liberal + National Greens TOTAL: Other
The government should directly invest in the economy by creating projects and jobs, and raise the standard of living for the majority of workers 69% 72% 66% 77% 75%
The government should relax regulation and lower taxes for the wealthy to encourage businesses to grow and create jobs 19% 17% 22% 19% 17%
Unsure 13% 11% 12% 5% 8%
Base (n) 1,066 332 433 91 111
  • There is a majority preference for the government to directly invest in creating jobs and growing the economy.
  • 69% opted for direct investment, while 19% preferred deregulation and lower taxes. 13% were unsure between the two options.
  • There was no difference in the support for direct investment between men and women (67% to 70%), but men were more likely to select deregulation (23% to 14%).
  • There were no differences in preference between voters of Coalition or Labor, with the majority of each all favouring direct investment (72% of Labor voters, 66% of Coalition voters).

Coronavirus concerns

Sep 22, 2020

Q. To what extent are you concerned about the threat of Covid-19 (coronavirus) in Australia?

  21/09 07/09 24/08 10/08 27/07 13/07 22/06 15/06 08/06 01/06 25/05
Very concerned 36% 37% 40% 50% 43% 36% 25% 28% 27% 32% 30%
Quite concerned 45% 45% 46% 40% 44% 48% 50% 45% 48% 49% 49%
Not that concerned 15% 13% 10% 7% 9% 12% 21% 23% 21% 15% 16%
Not at all concerned 4% 5% 4% 3% 4% 3% 4% 4% 5% 4% 5%
Base (n) 1,081 1,076 1,068 1,010 1,058 1,054 1,079 1,087 1,073 1,059 1,087
  • There has been no shift in concern about threat of Covid-19 in the past two weeks with 36% very concerned about the threat (37% in early September).

Federal government response to Covid-19

Sep 22, 2020

Q. Overall, how would you rate the federal government’s response to the Covid-19 outbreak?

  21/09 07/09 24/08 10/08 27/07 13/07 22/06 15/06 08/06 01/06 25/05
Very poor 5% 8% 6% 7% 6% 6% 4% 3% 4% 5% 4%
Quite poor 13% 12% 11% 8% 11% 10% 8% 8% 8% 7% 6%
Neither good, nor poor 21% 22% 22% 21% 20% 20% 17% 16% 18% 20% 16%
Quite good 40% 40% 40% 40% 40% 40% 43% 42% 40% 39% 43%
Very good 21% 18% 22% 24% 24% 24% 27% 30% 30% 28% 30%
TOTAL: Poor 18% 19% 17% 16% 16% 16% 12% 11% 12% 12% 11%
TOTAL: Good 61% 59% 61% 63% 64% 64% 71% 72% 70% 68% 73%
Base (n) 1,081 1,076 1,068 1,010 1,058 1,054 1,079 1,087 1,073 1,059 1,087
  • Rating of the Federal Government’s handling of Covid-19 stays steady at 61% rating it very or quite good (59% earlier in the month).

State government response to Covid-19

Sep 22, 2020

Q. How would you rate your state government’s response to the Covid-19 outbreak?

TOTAL: Good 21/09 07/09 24/08 10/08 27/07 13/07 22/06 15/06 08/06 01/06 25/05
NSW 67% 57% 59% 61% 62% 63% 70% 65% 67% 62% 65%
VIC 47% 50% 47% 49% 53% 49% 65% 75% 72% 71% 73%
QLD 68% 66% 73% 68% 67% 69% 64% 67% 68% 69% 74%
SA 81% 74% 65% 72% 76% 79% 79% 76% 79% 70% 84%
WA 84% 87% 84% 86% 82% 77% 75% 77% 84% 79% 83%
  • Positive rating of the NSW Government has rebounded this week, with 67% rating the performance as very or quite good, up from 7% earlier in August.
  • Positive rating of the Victorian Government remains steady at 47% over the past two weeks.

Attitudes to latest Victorian restrictions (VICTORIA ONLY)

Sep 22, 2020

Q. On 6 September, Victorian Premier Daniel Andrews announced the state’s roadmap for easing Covid-19 lockdown restrictions.

To what extent do you agree or disagree with the following statements about the updated restrictions?

TOTAL: AGREE 21/09 10/08
I have a good understanding of what I am and am not allowed to do under the current restrictions 74% 80%
The restrictions affecting my area seem appropriate 60% 67%
The restrictions affecting my area will be effective at stopping the spread of Covid-19 64% 63%
State & federal governments are doing enough to help people and businesses that are negatively affected by the restrictions 40% 54%
The changes won’t have much impact on my own lifestyle 45% 46%

 

VICTORIA ONLY TOTAL:

Agree

TOTAL: Disagree Strongly agree Somewhat agree Neither agree, nor disagree Somewhat disagree Strongly disagree
I have a good understanding of what I am and am not allowed to do under the current restrictions 74% 6% 43% 31% 20% 2% 4%
The restrictions affecting my area seem appropriate 60% 19% 29% 31% 21% 9% 9%
The restrictions affecting my area will be effective at stopping the spread of Covid-19 64% 10% 29% 35% 26% 5% 5%
State & federal governments are doing enough to help people and businesses that are negatively affected by the restrictions 40% 24% 15% 26% 36% 16% 8%
The changes won’t have much impact on my own lifestyle 45% 32% 20% 25% 23% 18% 15%
  •  74% of Victorians agree they have a good understanding of what they are (and are not) allowed to do under the current restrictions, this hasn’t changed significantly from the 80% who agreed earlier the lockdowns. 60% agree that the restrictions are appropriate and 64% agree that the restrictions are effective at stopping the spread of the virus.
  • 40% agree that enough is being done to help people and businesses that are negatively affected by the restrictions, this is lower that the 54% who agreed last month.

Attitudes towards Queensland border closure

Sep 22, 2020

Q. To what extent do you support or oppose the Queensland state government decision to close its borders to Victoria, New South Wales and ACT to prevent the spread of Covid-19?

  Total State
  NSW VIC QLD SA WA
Strongly oppose 13% 20% 14% 10% 5% 1%
Somewhat oppose 13% 16% 13% 12% 7% 7%
Somewhat support 31% 34% 35% 20% 23% 31%
Strongly support 36% 23% 29% 50% 55% 54%
Unsure 8% 7% 10% 8% 9% 7%
TOTAL: Oppose 25% 36% 26% 22% 13% 8%
TOTAL: Support 66% 57% 64% 70% 78% 85%
Base (n) 1,081 352 274 212 85 104

 

  Total Gender Age Group Federal Voting Intention
  Male Female 18-34 35-54 55+ Labor Liberal + National Greens TOTAL: Other
Strongly oppose 13% 15% 10% 6% 11% 19% 9% 17% 8% 24%
Somewhat oppose 13% 15% 11% 14% 11% 14% 9% 18% 12% 15%
Somewhat support 31% 31% 30% 40% 29% 25% 35% 30% 32% 24%
Strongly support 36% 33% 39% 30% 39% 38% 39% 31% 40% 30%
Unsure 8% 7% 10% 10% 10% 5% 8% 4% 8% 7%
TOTAL: Oppose 25% 30% 22% 20% 22% 33% 17% 35% 20% 39%
TOTAL: Support 66% 64% 69% 70% 67% 62% 74% 61% 73% 54%
Base (n) 1,081 539 542 338 374 369 298 460 115 104
  • Two-thirds (66%) of Australians support the closure of its internal borders. Support for the decision is high in Queensland (70%), WA (85%) and SA (78%) support is lower in NSW (57%).

State of the economy

Sep 22, 2020

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

  Sep’20 Sep’19 May’18 Nov’17 May’17 Dec’16
Very good 8% 5% 8% 3% 3% 2%
Quite good 16% 27% 31% 30% 27% 21%
Neither good, nor poor 30% 32% 32% 38% 36% 37%
Quite poor 32% 25% 18% 17% 23% 28%
Very poor 14% 8% 6% 7% 6% 8%
Unsure 2% 3% 5% 5% 5% 4%
NET: Good 23% 32% 39% 33% 30% 23%
NET: Poor 46% 33% 24% 24% 29% 36%
Base (n) 1,081 1,097 1,033 1,021 1,007 1,001

 

  Total Gender Age
Male Female 18-34 35-54 55+
Very good 8% 11% 4% 9% 12% 1%
Quite good 16% 18% 13% 21% 16% 11%
Neither good, nor poor 30% 28% 31% 34% 30% 26%
Quite poor 32% 30% 33% 23% 29% 41%
Very poor 14% 12% 16% 9% 12% 20%
Unsure 2% 1% 2% 3% 1% 1%
NET: Good 23% 29% 17% 30% 28% 12%
NET: Poor 46% 42% 49% 33% 41% 61%
Base (n) 1,081 539 542 338 374 369

 

  Total Federal Voting Intention
Labor Coalition Greens Independent / Other
Very good 8% 4% 10% 7% 9%
Quite good 16% 13% 20% 13% 13%
Neither good, nor poor 30% 26% 29% 33% 29%
Quite poor 32% 38% 28% 34% 33%
Very poor 14% 18% 12% 12% 16%
Unsure 2% 1% 1% 2% 0%
NET: Good 23% 17% 30% 19% 22%
NET: Poor 46% 56% 39% 46% 49%
Base (n) 1,081 298 460 115 104
  • Rating of the state of the economy has fallen in the last year in the wake of the Covid-19 pandemic. Now 23% of people the state of the economy as very or quite good, down 9%pts from 32% last year. Over the same time those rating the economy as poor (very/quite) has increased from 33% to 46%.
  • Those most pessimistic about the state of the economy include women (17% rating very/quite good, down from 30% last year), people aged over 55 (12%, down from 31% last year) Labor voters (17%) and Greens voters (19%).
  • Rating of the economy among Coalition voters has dropped from 45% very/quite good in Sep’19 to 30% this year.

Indictors of whether the Australian economy is in a good or poor state

Sep 22, 2020

Q. Which of the following indicators do you think is the most important when thinking about whether the Australian economy is in a good or poor state?

  Sep’20 Sep’19
The unemployment rate 39% 25%
The cost of household bills 13% 22%
The value of the Australian dollar to international currencies 12% 13%
The amount of homeless people on the streets 8% 10%
The interest rate set by Reserve Bank of Australia 6% 9%
The gross domestic product per person 7% 8%
The consumer price index 6% 6%
The size of the national surplus 6% 6%
The number of new shops, restaurants and cafes opening 3% 2%
Base (n) 1,081 1,097

 

  Total Gender Age
Male Female 18-34 35-54 55+
The unemployment rate 39% 34% 44% 38% 42% 38%
The cost of household bills 13% 12% 14% 14% 14% 11%
The value of the Australian dollar to international currencies 12% 13% 10% 19% 9% 8%
The amount of homeless people on the streets 8% 10% 7% 9% 9% 7%
The interest rate set by Reserve Bank of Australia 6% 5% 6% 2% 7% 8%
The gross domestic product per person 7% 9% 5% 4% 6% 10%
The consumer price index 6% 8% 4% 8% 5% 5%
The size of the national surplus 6% 5% 8% 4% 5% 9%
The number of new shops, restaurants and cafes opening 3% 4% 3% 3% 3% 4%
Base (n) 1,081 539 542 338 374 369
  • People rating the unemployment level as the key indicator for a healthy economy has increased in the past 12 months from 25% to 39% while the cost of household bills has fallen from 22% to 13%. All other indicators remain consistent.
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