State of the economy

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.