Opinion of Interest Rates

May 21, 2012

Q. In fact, the official interest rate is a lot lower – it is now 3.75% compared to 6.75% when the Labor Government was elected in 2007. Do you think it is good or bad that interest rates have fallen?

 

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Total good

54%

66%

47%

57%

Total bad

14%

8%

20%

4%

Very good

19%

29%

13%

21%

Good

35%

37%

34%

36%

Neither good nor bad

24%

21%

26%

28%

Bad

10%

4%

15%

4%

Very bad

4%

4%

5%

Don’t know

9%

4%

6%

11%

 54% think that it is good that interest rates have fallen – 14% think it is bad.

61% of respondents aged 35-54 think the fall in rates is good compared to 37% of those aged 65+. There were not major differences across income groups.

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