An instinct and reason Study (As part of the IRIS Network)
The IRIS network interviewed 12,436 people in twenty-three countries and found that more than half of global citizens agree that current economic conditions are the worst they have seen in their lifetime.
Financial anxiety is taking hold of everyday decisions for many consumers… read on to see the views of Australian households versus the Global average on some key indicators.
AMID ECONOMIC UNCERTAINTY...
of Australian households are having a harder time making ends meet
Fear they will lose their job which is slightly less than households globally
AUSTRALIANS REPORT REDUCED SPENDING ON
Dining out / restaurants
As well as cuts in spending on essentials such as:
Food & needed medicines
Missing mortgage or rent
Half of Australians think current economic conditions are the worst in their lifetime
think we are in recession
HOW AUSTRALIANS FEEL ABOUT THE FUTURE
More than one third, see the economy getting weaker
Believe the Government is not doing enough
Say creating more jobs are top top priorities for the country
Prioritise environmental protection
Believe that environmental protection can increase economic growth