Essential Report

The economy

Aug 9, 2016

Q. Do you think the recent cut in official interest rates indicates that Australia’s economy is getting better or getting worse?

  Total   Vote Labor Vote Lib/Nat Vote Greens Vote other
Economy is getting better 13%   11% 19% 13% 11%
Economy is getting worse 47%   53% 44% 45% 61%
Neither 24%   23% 24% 20% 21%
Don’t know 16%   13% 13% 22% 7%

47% think that the recent cut in official interest rates indicates Australia’s economy is getting worse and 13% think it indicates the economy is getting better. 24% think it indicates neither.

There were few significant differences across demographic groups. 54% of those aged 45-64 and 61% of other party and independent voters thought it indicated the economy was getting worse.

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