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 | 18 Jan 10 | 29 Mar 10 | 28 Jun 10 | 18 Oct 10 | 4 April 11 | Vote Labor | Vote Lib/Nat | Vote Greens | |
Total better | 21% | 43% | 66% | 53% | 54% | 33% | 40% | 27% | 38% | 25% | 23% |
Total worse | 61% | 37% | 15% | 19% | 19% | 31% | 30% | 37% | 26% | 48% | 33% |
Get a lot better | 2% | 5% | 8% | 9% | 9% | 5% | 6% | 4% | 7% | 3% | 3% |
Get a little better | 19% | 38% | 58% | 44% | 45% | 28% | 34% | 23% | 31% | 22% | 20% |
Get a little worse | 45% | 28% | 11% | 14% | 13% | 23% | 20% | 27% | 22% | 33% | 27% |
Get a lot worse | 16% | 9% | 4% | 5% | 6% | 8% | 10% | 10% | 4% | 15% | 6% |
Stay much the same | 13% | 17% | 15% | 24% | 22% | 30% | 24% | 27% | 32% | 23% | 35% |
No opinion | 5% | 3% | 4% | 4% | 6% | 7% | 6% | 8% | 4% | 5% | 8% |
Optimism about Australia’s economic outlook has declined substantially in the last 6 months. 27% think economic conditions in Australia will get better over the next 12 months and 37% think they will get worse – a net decline of 20% since this question was last asked in October. This is the most negative result recorded since December 2008.
Younger people are more optimistic than older people – of those aged under 35, 34% think conditions will get better and 27% worse.
38% of Labor voters think conditions will get better and 26% worse while 25% of Coalition voters think conditions will get better and 48% worse.