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Economic expectations post Covid-19
Q. Which of the following is closer to your expectations of what will happen to the economy following the Covid-19 situation?
14/12 | 27/04 | 20/04 | 13/04 | 06/04 | |
The economy will rebound within 2-3 months and grow just as strong or stronger than before Covid-19 | 18% | 13% | 11% | 12% | 11% |
The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter | 43% | 49% | 47% | 49% | 51% |
Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession | 22% | 28% | 30% | 27% | 29% |
Unsure | 17% | 10% | 11% | 11% | 9% |
Base (n) | 1,071 | 1,054 | 1,051 | 1,068 | 1,069 |
Total | Gender | Age Group | Federal Voting Intention | |||||||||
Male | Female | 18-34 | 35-54 | 55+ | Labor | TOTAL: Coalition | Greens | TOTAL: Other | ||||
The economy will rebound within 2-3 months and grow just as strong or stronger than before Covid-19 | 18% | 27% | 10% | 18% | 22% | 15% | 15% | 25% | 13% | 21% | ||
The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter | 43% | 42% | 44% | 45% | 38% | 47% | 47% | 48% | 46% | 36% | ||
Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession | 22% | 18% | 25% | 18% | 25% | 22% | 25% | 17% | 32% | 33% | ||
Unsure | 17% | 13% | 20% | 19% | 15% | 16% | 13% | 10% | 10% | 10% | ||
Base (n) | 1,071 | 539 | 532 | 339 | 374 | 358 | 356 | 406 | 102 | 107 | ||
- There is now more uncertainty about the future of the economy than earlier in the year. 17% say they are unsure how the economy will rebound following Covid-19, up from 10% in April.
- 18% think the economy will rebound in the next 2-3 months (up from 13% in April) and 22% think Covid-19 will cause a long-term recession (down from 28%).
- However most people think there will be some growth in the economy after 6-12 months (43%).

COVID-19 RESEARCH
Read Essential's ongoing research on the public response to Covid-19.
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Two Party Preferred:
Labor
45%
Coalition
48%
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