28 August 2012, 280812, Australian economy, better or worse, economic conditions
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).
28 August 2012, 280812, better or worse, Personal financial situation
Q. Over the next 12 months do you think your personal financial situation will get better, get worse or stay much the same?
|
28 Jun 10 |
18 Oct 10 |
4 April 11 |
4 Jul 11 |
3 Oct 11 |
26 Mar 12 |
Total 27 Aug 12 |
Vote Labor |
Vote Lib/Nat |
Vote Greens |
|
| Total better |
29% |
33% |
32% |
28% |
24% |
28% |
29% |
36% |
23% |
39% |
| Total worse |
31% |
29% |
31% |
36% |
41% |
37% |
37% |
29% |
44% |
29% |
| Get a lot better |
5% |
6% |
7% |
5% |
4% |
5% |
6% |
8% |
4% |
9% |
| Get a little better |
24% |
27% |
25% |
23% |
20% |
23% |
23% |
28% |
19% |
30% |
| Get a little worse |
21% |
21% |
22% |
23% |
27% |
27% |
26% |
19% |
33% |
17% |
| Get a lot worse |
10% |
8% |
9% |
13% |
14% |
10% |
11% |
10% |
11% |
12% |
| Stay much the same |
37% |
32% |
32% |
32% |
32% |
29% |
30% |
32% |
31% |
27% |
| No opinion |
4% |
5% |
5% |
3% |
3% |
5% |
5% |
3% |
3% |
5% |
29% (up 1% since March) of respondents believe that their personal financial situation will get better in the next 12 months and 37% worse (no change). 30% (up 1%) expect it to stay much the same.
Greens voters (39% better) and Labor voters (36%) are the most likely to believe that their personal financial situation will get better over the next 12 months, whereas Coalition voters are the most likely to believe that theirs will get worse (44%).
People on lower incomes were more pessimistic about their personal financial outlook – those earning under $600 per week split 23% better/48% worse – compared to those earning more than $1,600pw who split 38% better/29% worse.