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 |
28 Jun
10 |
18 Oct
10 |
4 April
11 |
4 Jul
11 |
3 Oct
11 |
Vote Labor | Vote Lib/Nat | Vote Greens | |
| Total better | 21% | 43% | 66% | 33% | 40% | 27% | 22% | 16% | 26% | 12% | 15% |
| Total worse | 61% | 37% | 15% | 31% | 30% | 37% | 49% | 58% | 39% | 72% | 58% |
| Get a lot better | 2% | 5% | 8% | 5% | 6% | 4% | 3% | 2% | 5% | 1% | 3% |
| Get a little better | 19% | 38% | 58% | 28% | 34% | 23% | 19% | 14% | 21% | 11% | 12% |
| Get a little worse | 45% | 28% | 11% | 23% | 20% | 27% | 31% | 41% | 34% | 47% | 44% |
| Get a lot worse | 16% | 9% | 4% | 8% | 10% | 10% | 18% | 17% | 5% | 25% | 14% |
| Stay much the same | 13% | 17% | 15% | 30% | 24% | 27% | 25% | 22% | 33% | 15% | 27% |
| No opinion | 5% | 3% | 4% | 7% | 6% | 8% | 4% | 4% | 3% | 1% | 1% |
Confidence in the economic outlook has weakened with the percentage of respondents believing conditions to be getting worse increasing 9 points to 58% (total worse), from 49% in July this year. Those believing that economic conditions will get better over the next 12 months has fallen 6 points from 22% to 16% (total better).
Compared to 12 months ago, respondents are far less likely to think things will get better, having fallen from 40% (total better) in October 2010 to 16% (total better). Conversely, pessimism has risen since this time last year, with the proportion of respondents believing conditions to get worse increasing from 30% (total worse) in October 2010 to 58% (total worse).
Labor voters are far less likely to think that things will get worse (39% total worse). Coalition voters are the most pessimistic, with 72% (total worse) believing that thing will get worse over the next 12 months.