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  • May, 2013

    , , , ,

    Trust to handle economy

    Q. Who would you trust most to handle Australia’s economy – The Treasurer Wayne Swan or the Shadow Treasurer Joe Hockey?

     

    Total

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Wayne Swan

    32%

    70%

    9%

    48%

    Joe Hockey

    35%

    4%

    67%

    17%

    Don’t know

    32%

    26%

    25%

    36%

    32% trust Wayne Swan more to handle Australia’s economy and 35% trust Joe Hockey more. Men favour Joe Hockey 41%/34% while women are evenly split – 31% Wayne Swan and 30% Joe Hockey.

    Those on incomes under $1,000pw favour Wayne Swan 34%/31% while those earning over $1,000pw favour Joe Hockey 37%/32%.

  • Jan, 2013

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    The Australian economy

    Q. Thinking about the state of the world economy, how do you think the Australian economy has performed over the last few years compared to other countries?

     

    15 Aug 11

    7 May 12

    Total 29 Jan 13

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Total better

    70%

    66%

    70%

    84%

    64%

    71%

    Total worse

    10%

    15%

    12%

    5%

    16%

    10%

    A lot better

    31%

    29%

    29%

    45%

    18%

    35%

    A little better

    39%

    37%

    41%

    39%

    46%

    36%

    About the same

    16%

    16%

    16%

    10%

    19%

    17%

    A little worse

    7%

    9%

    7%

    3%

    9%

    6%

    A lot worse

    3%

    6%

    5%

    2%

    7%

    4%

    Don’t know

    3%

    3%

    3%

    2%

    1%

    2%

    70% think that Australia’s economy has performed better than other countries over the last few years, 16% say about the same and 12% think it has been worse. This represents a shift from net +51 to net +58 since this question was previously asked in May last year.

    There were no substantial differences across demographic groups although those on lower incomes were a little more likely to believe it has performed worse – for those on income under $600pw, 56% think Australia’s economy has performed better and 20% worse.

  • Jan, 2013

    , , ,

    The economy

    Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?  

     

    1 Dec
    08

    15 Jun 09

    5
    Oct
    09

    28 Jun
    10

    18 Oct
    10

    4 Apr
    11

    4
    Jul
    11

    3 Oct
    11

    26 Mar 12

    7 May
    12

    27 Aug 12

    Tot
    29 Jan
    13

    Vote ALP

    Vote Lib

    Vote Gre
    -ens

    Total better

    21%

    43%

    66%

    33%

    40%

    27%

    22%

    16%

    25%

    23%

    22%

    29%

    50%

    21%

    18%

    Total worse

    61%

    37%

    15%

    31%

    30%

    37%

    49%

    58%

    46%

    46%

    45%

    37%

    22%

    51%

    33%

    Get a lot better

    2%

    5%

    8%

    5%

    6%

    4%

    3%

    2%

    3%

    2%

    3%

    4%

    8%

    2%

    5%

    Get a little better

    19%

    38%

    58%

    28%

    34%

    23%

    19%

    14%

    22%

    21%

    19%

    25%

    42%

    19%

    13%

    Get a little worse

    45%

    28%

    11%

    23%

    20%

    27%

    31%

    41%

    31%

    31%

    30%

    28%

    18%

    37%

    25%

    Get a lot worse

    16%

    9%

    4%

    8%

    10%

    10%

    18%

    17%

    15%

    15%

    15%

    9%

    4%

    14%

    8%

    Stay much the same

    13%

    17%

    15%

    30%

    24%

    27%

    25%

    22%

    21%

    25%

    27%

    27%

    24%

    25%

    42%

    No opinion

    5%

    3%

    4%

    7%

    6%

    8%

    4%

    4%

    7%

    6%

    6%

    6%

    4%

    3%

    7%

    Confidence in the economic outlook has improved since August.  The percentage of respondents believing conditions will get better increased 7 points to 29%, while those believing that economic conditions will get worse over the next 12 months dropped 8 points to 37%.  This is the most positive outlook recorded since October 2010.

    Labor voters are optimistic overall – 50% better/22% worse.  Coalition voters are the most pessimistic, with 51% believing that thing will get worse over the next 12 months and only 21% better.

    There was little difference across demographic groups except for older respondents – of those aged 55+, 27% think conditions will get better and 48% worse.

  • Oct, 2012

    , , ,

    Rating of the economy

    Q. How would you rate the current state of Australia’s economy?

     

    28 May 12

    Total

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Total good

    35%

    41%

    64%

    27%

    57%

    Total poor

    29%

    23%

    7%

    38%

    7%

    Very good

    6%

    6%

    9%

    3%

    8%

    Good

    29%

    35%

    55%

    24%

    49%

    Neither good nor poor

    33%

    33%

    26%

    33%

    34%

    Poor

    20%

    16%

    6%

    26%

    7%

    Very poor

    9%

    7%

    1%

    12%

    Don’t know

    2%

    4%

    3%

    2%

    1%

    41% described the economy as good or very good and 23% poor/very poor – 33% said it was neither. This is a substantial positive change from a net +6 in May to net +18.

    Those most likely to think the economy was good/very good were aged 18-34 (46%).

    Those most likely to think the economy was poor/very poor were aged 65+ (33%) and respondents from Queensland (44%).

  • Sep, 2012

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    Ships, trains and submarines — can we build them here?


    Tim Ayres wishes Clive Palmer and other mining giants would give local manufacturers a go instead of heading overseas.

    When Clive Palmer recently announced his replica of the Titanic would be built in China due to the lack of ship building facilities in Australia, the AMWU hit back with a video clip showing the 500-strong workforce at a Newcastle shipyard.

    It’s all part of the AMWU’s campaign, Build Them Here, appealing to government to set local content targets on some of the massive construction and transport projects to ensure local manufacturers get contracts ahead of low cost overseas competitors — as is often the case in the mining industry.

    Tim Ayres, the NSW secretary for the AMWU, tells 3Q that local manufacturers can build heavy infrastructure – they just need to be given the opportunity. In doing so, new jobs and apprenticeships will be created, valuable intellectual property is developed and the knock on effect strengthens the economy.

  • Aug, 2012

    , , , ,

    The Economy

    Q. Over the next 12 months do you think economic conditions in Australia will get better, get worse or stay much the same?

     

    1

    Dec

    08

    15

    Jun

    09

    5

    Oct

    09

    28

    Jun

    10

    18

    Oct

    10

    4

    Apr

    11

    4

    Jul

    11

    3

    Oct

    11

    26

    Mar

    12

    7

    May

    12

    Total

    27 Aug 12

    Vote ALP

    Vote Lib/

    Nat

    Vote Greens

    Total better

    21%

    43%

    66%

    33%

    40%

    27%

    22%

    16%

    25%

    23%

    22%

    34%

    18%

    23%

    Total worse

    61%

    37%

    15%

    31%

    30%

    37%

    49%

    58%

    46%

    46%

    45%

    31%

    57%

    40%

    Get a lot better

    2%

    5%

    8%

    5%

    6%

    4%

    3%

    2%

    3%

    2%

    3%

    7%

    2%

    2%

    Get a little better

    19%

    38%

    58%

    28%

    34%

    23%

    19%

    14%

    22%

    21%

    19%

    27%

    16%

    21%

    Get a little worse

    45%

    28%

    11%

    23%

    20%

    27%

    31%

    41%

    31%

    31%

    30%

    22%

    35%

    32%

    Get a lot worse

    16%

    9%

    4%

    8%

    10%

    10%

    18%

    17%

    15%

    15%

    15%

    9%

    22%

    8%

    Stay much the same

    13%

    17%

    15%

    30%

    24%

    27%

    25%

    22%

    21%

    25%

    27%

    30%

    23%

    29%

    No opinion

    5%

    3%

    4%

    7%

    6%

    8%

    4%

    4%

    7%

    6%

    6%

    5%

    2%

    7%

    Confidence in the economic outlook has shown little change since May.  The percentage of respondents believing conditions to be getting better declined a point to 22% and those believing that economic conditions will get worse over the next 12 months dropped a point to 45%. 27% think things will stay much the same (up 2 points).

    Labor voters were the most optimistic overall – 34% better/31% worse.  Coalition voters are the most pessimistic, with 57% believing that thing will get worse over the next 12 months and only 18% better.

    Men (28% better/42% worse) were a little more optimistic than women (16% better/47% worse).

  • Jul, 2012

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    Impact on Australia of European Economic Crisis

    Q. How much impact do you think the current economic and financial problems in Europe have on the Australian economy— a major impact, some impact, only a small impact or no impact?

     

    Total

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    A major impact

    14%

    12%

    18%

    8%

    Some impact

    60%

    61%

    65%

    55%

    Only a small impact

    16%

    18%

    12%

    24%

    No impact

    3%

    2%

    1%

    6%

    Don’t know

    7%

    7%

    3%

    6%

    14% think the financial and economic problems in Europe have a major impact on the Australian economy and 60% think they have some impact. Only 19% think they have only a small or no impact.

    82% of respondents aged 55+ and 83% of Liberal/National voters think they have major/some impact.

    Those most likely to think they have only a small or no impact were aged under 35 (23%) and Greens voters (30%).

    Of those who had heard or read a lot about the problems in Europe, 26% think they have a major impact on the Australian economy and 58% think they have some impact.

  • Jul, 2012

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    Statements about European Economic Crisis

    Q. Which of the following statements is closer to your own view?

     

    Total

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    The economic and financial crisis in Europe may have some impact on Australia but it will be very limited – because of our great distance from Europe and our trade and investment is no longer dependent on Europe

    30%

    39%

    26%

    34%

    The economic and financial crisis in Europe already clearly impact on countries we do business with like the UK and US so it will definitely have a significant impact on the Australian economy.

    53%

    48%

    65%

    46%

    Don’t know

    16%

    13%

    9%

    20%

    A majority (53%) of respondents agreed with the statement that “The economic and financial crisis in Europe already clearly impact on countries we do business with like the UK and US so it will definitely have a significant impact on the Australian economy”.

    Those most likely to agree with this statement were aged 55+ (64%) and Liberal/National voters (65%).

    39% of Labor voters agreed with the statement that “The economic and financial crisis in Europe may have some impact on Australia but it will be very limited – because of our great distance from Europe and our trade and investment is no longer dependent on Europe.”

    Of those who had heard or read a lot about the problems in Europe, 36% agreed that “The economic and financial crisis in Europe may have some impact on Australia but it will be very limited – because of our great distance from Europe and our trade and investment is no longer dependent on Europe” and 61% agreed that “The economic and financial crisis in Europe already clearly impact on countries we do business with like the UK and US so it will definitely have a significant impact on the Australian economy”.

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