Interest Rate Rises and the Economy
Q. Do you think the recent increase in official interest rates indicates that Australia’s economy is getting better or getting worse?
% | |
Economy is getting better | 53% |
Economy is getting worse | 12% |
Neither | 28% |
Don’t know | 7% |
Just over half (53%) think the recent increase in official interest rates indicates that Australia’s economy is getting better, 12% think it is an indication that the economy is getting worse and 28% think it is not a sign that the economy is getting better or worse.
Labor voters were more likely to think the interest rate rise is a sign that the economy is getting better (61%), while Coalition voters were a little more likely than the average to think that it is a sign that the economy is getting worse (18%). 48% of Coalition voters think that the recent interest rate increase is a sign that the economy is getting better.

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