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.