Original article by Roy Morgan
Market Research Update – Page: Online : 22-Dec-21

A special Roy Morgan web survey taken in late November shows that 37% Australians think 2022 will be a year of ‘Economic difficulty’. This is down 11% on a year ago when 48% of Australians predicted ‘Economic difficulty’ for 2021. For the second straight year only 19% of Australians think next year will be a year of ‘Economic prosperity’. Nearly half of all Australians think next year will either ‘Remain the same’ (37%) or don’t know (7%) how the economy will perform. Analysis by State shows that a plurality of people in the largest States think next year will be a year of ‘Economic difficulty’, led by Queensland (43%), Victoria (38%) and New South Wales (35%). However, in Western Australia (46%) and South Australia (45%), a clear plurality of people expect in economic terms next year will ‘Remain the same’. Australians are not as positive about next year’s economic prospects as they are about whether 2022 in a more general sense will be ‘better’ or ‘worse’ than 2021. As we revealed previously, despite being down on a year ago, 37% of Australians say 2022 will be ‘better’ than 2021 compared to only 23% that say it will be ‘worse’.

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