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Reasons Economy is Poor

28 May 2012

Q. What is the main reason you don’t think the state of the economy is good? *

 

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Increasing cost of living

34%

34%

32%

40%

Poor economic management by Government

27%

8%

36%

7%

Businesses are struggling

13%

14%

12%

19%

Increasing gap between rich and poor

9%

22%

6%

15%

Global financial problems

7%

11%

5%

11%

Incomes aren’t increasing fast enough to keep up

7%

11%

7%

Other reason

2%

1%

8%

Don’t know

1%

1%

* Based on those who disagree that economy is good.

Those who disagreed that the economy was good said the main reasons were the increasing cost of living (34%) and poor economic management by Government (27%).

36% of respondents aged 55+ blamed poor economic management by Government while the increasing cost of living was the major factor for 43% of respondents aged 25-44.

There were no significant differences across income groups in relation to the increasing cost of living.

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