Essential Report

The Australian Economy

May 7, 2012

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

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Total better

70%

66%

80%

60%

73%

Total worse

10%

15%

8%

19%

10%

A lot better

31%

29%

49%

19%

38%

A little better

39%

37%

31%

41%

35%

About the same

16%

16%

12%

20%

17%

A little worse

7%

9%

6%

10%

8%

A lot worse

3%

6%

2%

9%

2%

Don’t know

3%

3%

1%

1%

1%

66% think that Australia’s economy has performed better than other countries over the last few years, 16% say about the same and 15% think it has been worse. This represents a shift from net +60 to net +51 since this question was previous asked in August last year.

There were no substantial differences across demographic groups although those on higher incomes are a little more likely to believe it has performed better – 71% of those on incomes over $1,600pw compared to 61% of those earning under $1,000pw.

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