26 March 2012, 260312, Australian dollar, Australian economy, construction, economy, Farming & Grazing, Finance, finances, industries, industry, manufacturing, mining, Polling, polls, Retail, tourism
Q. The Australian dollar is now at $1.05 US and has been historically higher than the normal range of 60c-80c US. Is the high Australian dollar good or bad for the following industries?
Total good |
Total bad |
Very good |
Good |
Neither good nor bad |
Bad |
Very bad |
Don’t know |
|
Mining industry |
29% |
29% |
10% |
19% |
20% |
24% |
5% |
22% |
Farming & Grazing Industry |
16% |
49% |
4% |
12% |
16% |
36% |
13% |
19% |
Finance Industry |
38% |
15% |
9% |
29% |
25% |
12% |
3% |
21% |
Construction Industry |
24% |
26% |
4% |
20% |
28% |
22% |
4% |
23% |
Manufacturing industry |
15% |
50% |
3% |
12% |
14% |
29% |
21% |
20% |
Retail Industry |
23% |
47% |
6% |
17% |
14% |
30% |
17% |
16% |
Australian Tourism Industry |
20% |
56% |
8% |
12% |
10% |
31% |
25% |
14% |
Overall, respondents think that the high Australian dollar has only been good for the finance industry (38% good/15% bad).
They believe that it has been particularly bad for the tourism industry (20% good/56% bad), the manufacturing industry (15%/50%), the farming and grazing industry (16%/49%) and the retail industry (23%/47%)
On the mining industry, they were split 29% good/29% bad.
construction, employment, Finance, hospitality, jobs, manufacturing, mining, Polling, polls, Retail, telecommunications, tourism
Q. How important are the following industries for providing jobs for Australians into the future?
Very important | Quite important | Somewhat important | Not very important | Don’t know | |
Mining | 64% | 24% | 7% | 2% | 3% |
Construction | 58% | 30% | 9% | 0% | 2% |
Manufacturing | 55% | 29% | 12% | 2% | 2% |
Tourism | 53% | 33% | 11% | 1% | 2% |
Retail | 47% | 35% | 13% | 2% | 2% |
Hospitality | 46% | 38% | 12% | 1% | 3% |
Finance | 39% | 38% | 18% | 3% | 3% |
Telecommunications | 39% | 37% | 18% | 3% | 3% |
Respondents regard the mining (64%), construction (58%) and manufacturing (55%) industries to be the most important for providing jobs for Australians in the future.
This was followed closely by the tourism (53%), retail (47%) and hospitality (46%) industries.
The finance (39%) and telecommunications (39%) industries are the most likely to be seen as only ‘somewhat important’ (18%) for providing jobs.
automobile, car industry, cars, Greens, Labor, Liberal, manufacturing, Nationals, Polling, polls, US motor companies
Q. Do you support or oppose the provision of additional assistance by Federal and State governments to ensure US motor companies continue to manufacture cars in Australia?
Total | Vote Labor | Vote Lib/Nat | Vote Greens | |
Total support | 58% | 67% | 63% | 45% |
Total oppose | 18% | 16% | 20% | 22% |
Strongly support | 14% | 20% | 14% | 5% |
Support | 44% | 47% | 49% | 40% |
Oppose | 12% | 12% | 14% | 13% |
Strongly oppose | 6% | 4% | 6% | 9% |
Don’t know | 23% | 17% | 17% | 33% |
58% said they supported the provision of additional assistance to the Australian car industry and 18% were opposed.
Support was highest among Labor voters (67%), aged 55+ (67%) and Victorians (68%).
Australian dollar, Australian manufacturing, car industry, economy, Greens, Labor, Liberal, manufacturing, manufacturing industry, Nationals, Polling, polls
Q. Do you think other manufacturing sectors that are under pressure from the high Australian dollar should receive similar assistance from Governments, or do you think the car industry needs special assistance?
Total | Vote Labor | Vote Lib/Nat | Vote Greens | |
Other manufacturing industries should receive similar assistance | 62% | 61% | 66% | 68% |
The car industry needs special assistance | 12% | 15% | 15% | 9% |
Don’t know | 26% | 24% | 19% | 23% |
62% thought that other manufacturing industries should receive similar assistance and only 12% thought the car industry needs special assistance. There were no major differences across demographic and voter groups – although strongest support for similar assistance for other industries came from Greens voters (68%), aged 45+ (69%) and Victorian residents (68%).
Australian manufacturing, economy, Greens, Labor, Liberal, manufacturing, manufacturing industry, Nationals, Polling, polls
Q. A number of politicians have said about the manufacturing industry that Australia should be an economy that “makes things.” Do you agree or disagree?
Total | Vote Labor | Vote Lib/Nat | Vote Greens | |
Total agree | 79% | 84% | 84% | 76% |
Total disagree | 6% | 6% | 7% | 6% |
Strongly agree | 25% | 27% | 27% | 16% |
Agree | 54% | 57% | 57% | 60% |
Disagree | 6% | 5% | 7% | 5% |
Strongly disagree | * | * | – | 1% |
Don’t know | 14% | 10% | 9% | 18% |
There was strong agreement with the idea that Australia should be an economy that “makes things”. 79% agreed and only 6% of respondents disagreed.
84% of both Labor and Liberal/National voters agreed – but generally results were similar across demographic groups.
agriculture, construction, Finance, hospitality, manufacturing, media, mining, protection of local industries, Retail, telecommunications, tourism
Q. Thinking about Australian industries, how would you rate the current state of the following industries?
Total good | Total poor | Very good | Good | Poor | Very poor | |
Mining | 85% | 15% | 76% | 9% | 2% | 13% |
Construction | 77% | 23% | 47% | 30% | 7% | 16% |
Hospitality | 81% | 19% | 46% | 35% | 7% | 12% |
Tourism | 81% | 19% | 45% | 36% | 7% | 12% |
Finance | 76% | 24% | 44% | 32% | 8% | 16% |
Telecommunications | 78% | 22% | 43% | 35% | 11% | 11% |
Media | 72% | 28% | 38% | 34% | 12% | 16% |
Agriculture | 75% | 25% | 36% | 39% | 9% | 16% |
Retail | 75% | 25% | 26% | 49% | 16% | 9% |
Manufacturing | 62% | 38% | 19% | 43% | 22% | 16% |
76% rate the state of the mining industry as very good – the only industry to score above 50%. However at least 75% think all other industries except manufacturing are in a very good or good state.
Only 19% rate manufacturing as very good – and 38% rate it poor or very poor.
agriculture, construction, economy, Finance, future, hospitality, management of the economy, manufacturing, media, mining, Retail, telecommunications, tourism
Q. And which of these industries are the three most important for Australia’s economic future?
Total | Vote Labor | Vote Lib/Nat | Vote Greens | |
Mining | 67% | 77% | 67% | 61% |
Agriculture | 58% | 57% | 59% | 58% |
Tourism | 46% | 47% | 43% | 56% |
Manufacturing | 37% | 30% | 40% | 36% |
Construction | 25% | 26% | 26% | 31% |
Finance | 21% | 18% | 23% | 17% |
Retail | 17% | 18% | 17% | 12% |
Telecommunications | 14% | 16% | 11% | 20% |
Hospitality | 10% | 10% | 9% | 6% |
Media | 1% | 1% | 1% | 1% |
Don’t know | 4% | * | 4% | 3% |
Australia’s most important industries are thought to be mining (67%), agriculture (58%), tourism (46%) and manufacturing (37%). Opinions are consistent across voter groups in terms of order of importance.