Banking and finance, banks, Commonwealth Bank, financial planning, royal commission
Q. Following reports of fraud, forgery and a cover-up in the financial planning division of the Commonwealth Bank, there have been calls for a Royal Commission. Would you agree or disagree that there needs to be a Royal Commission into banks and financial planning?
|
Total |
|
Vote Labor |
Vote Lib/Nat |
Vote Greens |
Vote Other |
|
Received financial advice |
|
| Total agree |
73% |
76% |
70% |
75% |
71% |
80% |
||
| Total disagree |
11% |
6% |
16% |
4% |
14% |
12% |
||
| Strongly agree |
34% |
35% |
29% |
37% |
42% |
33% |
||
| Agree |
39% |
41% |
41% |
38% |
29% |
47% |
||
| Disagree |
8% |
5% |
11% |
4% |
9% |
10% |
||
| Strongly disagree |
3% |
1% |
5% |
– |
5% |
2% |
||
| Don’t know |
17% |
17% |
15% |
20% |
14% |
8% |
73% agree and only 11% disagree that there needs to be a Royal Commission into banks and financial planning.
At least 70% of all voter groups agree and 80% of people who have used a planner or received a financial advice also agree.
banks, employers, government, insurance companies, law enforcement agencies, medical profession, personal information, trust with information
Q. How much trust do you have in the following organisations to responsibly use any personal information they may have about you?
|
Total trust |
|
A lot of trust |
Some trust |
A little trust |
No trust |
Don’t know |
Not applicable to me |
|
| The medical profession |
73% |
35% |
38% |
19% |
4% |
3% |
* |
|
| Law enforcement agencies |
56% |
20% |
36% |
27% |
12% |
4% |
1% |
|
| Your employer |
46% |
19% |
27% |
21% |
7% |
3% |
22% |
|
| Banks |
45% |
13% |
32% |
32% |
19% |
3% |
* |
|
| Companies you buy things from in person |
44% |
7% |
37% |
37% |
14% |
4% |
* |
|
| The Government |
31% |
6% |
25% |
35% |
30% |
3% |
* |
|
| Mobile phone and internet providers |
29% |
4% |
25% |
40% |
27% |
4% |
* |
|
| Companies you buy things from online |
27% |
3% |
24% |
43% |
24% |
4% |
3% |
|
| Insurance companies |
26% |
4% |
22% |
36% |
33% |
3% |
1% |
|
| TV networks |
20% |
3% |
17% |
37% |
36% |
6% |
1% |
|
| Social media sites |
12% |
1% |
11% |
24% |
54% |
4% |
5% |
The most trusted people/organisations to use personal information were the medical profession (73% trust), law enforcement agencies (56%), employers (46%), banks (45%) and companies you buy things from in person (44%). The least trusted were social media sites (12%) and TV networks (20%).
17 December 2012, 171212, banks, environment, Family First, management of the economy, mining, the medi
Q. Thinking about the last 12 months, has it been a good or bad year for each of the following?
|
Total good (Dec 10 |
Total bad (Dec 10) |
Total good (Dec 11) |
Total bad (Dec 11) |
Total good (Dec 12) |
Total bad (Dec 12) |
Very good |
Good |
Neither good nor |
Bad |
Very bad |
Don’t know |
|
| The banks |
69% |
13% |
71% |
8% |
68% |
11% |
30% |
38% |
17% |
8% |
3% |
5% |
| The mining industry |
57% |
14% |
68% |
11% |
53% |
19% |
17% |
36% |
22% |
15% |
4% |
6% |
| Large companies and corporations |
44% |
15% |
40% |
22% |
32% |
31% |
5% |
27% |
32% |
25% |
6% |
6% |
| The Australian economy |
41% |
20% |
33% |
31% |
29% |
37% |
4% |
25% |
32% |
28% |
9% |
3% |
| You and your family |
na |
na |
na |
na |
29% |
36% |
6% |
23% |
34% |
25% |
11% |
2% |
| The media |
30% |
14% |
25% |
27% |
21% |
40% |
5% |
16% |
33% |
29% |
11% |
6% |
| Farming and agriculture |
14% |
50% |
23% |
40% |
20% |
40% |
2% |
18% |
33% |
28% |
12% |
7% |
| Trade unions |
na |
na |
na |
na |
18% |
30% |
4% |
14% |
37% |
22% |
8% |
15% |
| The environment |
14% |
37% |
20% |
33% |
18% |
37% |
3% |
15% |
40% |
26% |
11% |
6% |
| The average Australian |
na |
na |
na |
na |
17% |
45% |
2% |
15% |
36% |
34% |
11% |
3% |
| Small business |
14% |
45% |
10% |
61% |
10% |
62% |
1% |
9% |
24% |
39% |
23% |
5% |
| Australian politics in general |
na |
na |
na |
na |
9% |
61% |
2% |
7% |
26% |
29% |
32% |
4% |
A majority of respondents think it has been a good year for the banks (68%) and the mining industry (53%). They are split over whether it has been a good year for large companies and corporations (32% good/31% bad). However, they are much more likely to think the year has been bad for small business (62%), Australian politics in general (61%), the average Australian (45%), farming and agriculture (40%) and the media (40%).
Compared to last year’s results, respondents considered 2012 a worse year than 2011 for the mining industry (“good” down 15% to 53%), large companies and corporations (“good” down 8% to 32%) and the media (“bad” up 13% to 40%).
18 June 2012, 180612, Australia Day, banks, clive palmer, Foreign companies, Gina Rinehart, Julia Gillard, kevin rudd, malcolm turnbull, Mining magnates, tony abbott
Q. How much trust do you have that the following people or organisations can be relied on to act in the community’s interest?
|
|
Total a lot/some trust |
Total little/no trust |
A lot of trust |
Some trust |
A little trust |
No trust |
Don’t know |
Net trust |
| Kevin Rudd |
37% |
56% |
14% |
23% |
26% |
30% |
7% |
-19 |
| Malcolm Turnbull |
33% |
54% |
8% |
25% |
29% |
25% |
14% |
-21 |
| Tony Abbott |
29% |
63% |
10% |
19% |
20% |
43% |
7% |
-34 |
| Julia Gillard |
26% |
67% |
8% |
18% |
22% |
45% |
6% |
-41 |
| Mining magnates like Clive Palmer and Gina Rinehart |
14% |
73% |
3% |
11% |
23% |
50% |
13% |
-59 |
| Australian companies |
46% |
47% |
8% |
38% |
35% |
12% |
7% |
-1 |
| Banks |
17% |
66% |
2% |
15% |
32% |
44% |
7% |
-49 |
| Foreign companies |
8% |
81% |
1% |
7% |
24% |
57% |
10% |
-73 |
There was a substantial lack of trust in all people and organisations tested with the exception of Australian companies – which split 46% a lot/some trust and 47% little/no trust.
For both the Labor Party and the Liberal Party, the current leaders were less trusted than the previous leaders. However, all political leaders were more trusted than mining magnates like Clive Palmer and Gina Rinehart.
Among Labor voters, 58% had a lot/some trust in Julia Gillard and 58% had a lot/some trust in Kevin Rudd. Among Liberal/National voters, 58% had a lot/some trust in Tony Abbott and 44% had a lot/some trust in Malcolm Turnbull.
07 May 2012, 070512, Bank Regulation, banking, banks, Finance, Polling, polls, regulation
Q. Thinking about banks in Australia, would you support or oppose the Government taking the following actions on banking?
|
Total support |
Total oppose |
Strongly support |
Support |
Oppose |
Strongly oppose |
Don’t know |
|
| Establishing a Government-owned bank |
55% |
23% |
21% |
34% |
15% |
8% |
22% |
| Only permitting banks to change interest rates in line with Reserve Bank rates. |
74% |
16% |
37% |
37% |
11% |
5% |
10% |
| Capping bank CEO’s salaries. |
81% |
12% |
55% |
26% |
9% |
3% |
7% |
| Ensuring bank fees are not higher than the actual cost of the service |
90% |
5% |
64% |
26% |
4% |
1% |
5% |
| Imposing a super profits tax on banks (like the mining tax) |
59% |
21% |
34% |
25% |
16% |
5% |
20% |
A majority of respondents supported all listed actions on banking. In particular, 90% supported regulating bank fees, 81% supported capping CEO salaries and 74% supported making banks pass on Reserve Bank interest rate changes.
There was majority support for all actions from both Labor and Liberal/National voters – although support tended to be stronger from Labor voters.
Australian economy, banks, economy, environment, Farming and agriculture, industries, Large companies and corporations, media, mining industry, Past Year, Polling, polls, small business
Q. Thinking about the last 12 months, has it been a good or bad year for each of the following?
| Total good
(Dec 10 |
Total bad
(Dec 10) |
Total good | Total bad | Very good | Good | Neither good nor bad | Bad | Very bad | Don’t know | |
| The banks | 69% | 13% | 71% | 8% | 35% | 36% | 16% | 6% | 2% | 4% |
| The mining industry | 57% | 14% | 68% | 11% | 34% | 34% | 15% | 8% | 3% | 6% |
| Large companies and corporations | 44% | 15% | 40% | 22% | 8% | 32% | 32% | 18% | 4% | 6% |
| The Australian economy | 41% | 20% | 33% | 31% | 4% | 29% | 32% | 24% | 7% | 3% |
| The media | 30% | 14% | 25% | 27% | 6% | 19% | 37% | 19% | 8% | 10% |
| Farming and agriculture | 14% | 50% | 23% | 40% | 2% | 21% | 30% | 28% | 12% | 7% |
| The environment | 14% | 37% | 20% | 33% | 3% | 17% | 41% | 24% | 9% | 6% |
| Small business | 14% | 45% | 10% | 61% | 1% | 9% | 24% | 42% | 19% | 6% |
A majority of respondents think it has been a good year for the banks (71%) and the mining industry (68%). They are also more likely to think it has been a good year for large companies and corporations (40% good/22% bad) and the economy (33%/31%). However, they are more likely to think the year has been bad for small business (61%), farming and agriculture (40%) and the environment (33%).
In terms of the economy, Labor voters (50% good/18% bad) and Greens voters (47%/15%) were more likely to think it has been a good year – while 45% of Liberal/National voters considered it poor and 23% good.
Compared to last years’ results, respondents considered 2011 a better year than 2010 for the mining industry (up 11% to 68% good), farming and agriculture (up 9% to 23%) and the environment (up 6% to 20%). Perceptions of the economy dropped from a net +21% to +2%.
Australian Military, Australian people, banks, EMC, ER, Essential Report, Federal Government, Floods, insurance industry, Performance, Performance of Groups, Performance of Organisations, QLD State Government
Q. And from what you have seen and heard, how would you rate each of the following in terms of how they have responded to the floods?
| Total good | Total poor | Very good | Good | Average | Poor | Very poor | Don’t know | |
| The Federal Labor Government | 48% | 15% | 15% | 33% | 26% | 7% | 8% | 11% |
| The Federal Coalition Opposition | 29% | 19% | 6% | 23% | 37% | 12% | 7% | 15% |
| The Queensland State Government | 78% | 3% | 48% | 30% | 10% | 1% | 2% | 9% |
| The Queensland State Government (Qld only) | 79% | 3% | 51% | 28% | 11% | 1% | 2% | 7% |
| The Victorian State Government | 48% | 4% | 14% | 34% | 22% | 3% | 1% | 26% |
| The Victorian State Government (Vic only) | 53% | 8% | 13% | 40% | 23% | 6% | 2% | 16% |
| The NSW State Government | 33% | 12% | 8% | 25% | 27% | 8% | 4% | 27% |
| The NSW State Government (NSW only) | 26% | 22% | 5% | 21% | 33% | 13% | 9% | 20% |
| The Australian military | 78% | 2% | 49% | 29% | 8% | 1% | 1% | 10% |
| State emergency services | 88% | 2% | 71% | 17% | 4% | 1% | 1% | 7% |
| The media | 61% | 9% | 26% | 35% | 23% | 5% | 4% | 7% |
| The banks | 22% | 26% | 6% | 16% | 30% | 17% | 9% | 23% |
| The insurance industry | 10% | 53% | 2% | 8% | 22% | 25% | 28% | 14% |
| Australian businesses overall | 48% | 8% | 13% | 35% | 30% | 6% | 2% | 14% |
| The Australian people overall | 85% | 2% | 56% | 29% | 7% | 1% | 1% | 6% |
Groups with highest ratings for their response to the floods were state emergency services (88% good), the Australian people overall (85%), the Queensland State Government (78%) and the Australian military (78%).
The Federal Government’s response was rated 48% good/15% poor/26% average while the Federal Opposition was rated 29% good/19% poor/37% average.
The only groups with overall negative ratings were the insurance industry (53% poor/10% good) and the banks (26% poor/22% good).
agriculture, banks, economy, environment, farming, media, mining companies, small business, the media
Q. Thinking about the last 12 months, has it been a good or bad year for each of the following?
| Total good | Total bad | Very good | Good | Neither good nor bad | Bad | Very bad | Don’t know | |
| The banks | 69% | 13% | 42% | 27% | 14% | 9% | 4% | 4% |
| The mining industry | 57% | 14% | 27% | 30% | 24% | 11% | 3% | 6% |
| Large companies and corporations | 44% | 15% | 10% | 34% | 35% | 13% | 2% | 7% |
| The Australian economy | 41% | 20% | 5% | 36% | 36% | 17% | 3% | 4% |
| The media | 30% | 14% | 8% | 22% | 45% | 10% | 4% | 10% |
| The environment | 14% | 37% | 2% | 12% | 43% | 28% | 9% | 5% |
| Small business | 14% | 45% | 2% | 12% | 35% | 34% | 11% | 6% |
| Farming and agriculture | 14% | 50% | 2% | 12% | 31% | 35% | 15% | 5% |
A majority of respondents think it has been a good year for the banks (69%) and the mining industry (57%). They are also more likely to think it has been a good year for large companies and corporations (44% good/15% bad), the economy (41%/20%), and the media (30%/14%).
However, they are more likely to think the year has been bad for farming and agriculture (50%), small business (45%) and the environment (37%).
In terms of the economy, all voter groups were more likely to think it has been a good year – Labor 55% good/11% bad, Liberal/National 33%/29% and Greens 53%/12%. Comments »