GLOBAL ECONOMIC
CONFIDENCE 2019

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.

47%
AMID ECONOMIC
UNCERTAINTY...
of Australian households are having
a harder time making ends meet
38%
Fear they will lose their job
which is slightly less than households globally
AUSTRALIANS REPORT
REDUCED SPENDING ON
VS.
GLOBALLY
69%
Clothing
64%
70%
Dining out / restaurants
62%
62%
Charitable giving
53%
As well as cuts in spending on essentials such as:
49%
23%
Food & needed medicines
45%
25%
16%
Missing mortgage or rent
22%
52%
Half of Australians think current economic conditions are the worst in their lifetime
20%
think we are in recession
HOW AUSTRALIANS
FEEL ABOUT THE FUTURE
VS.
GLOBALLY
37%
More than one third, see the economy getting weaker
44%
76%
Believe the Government is not doing enough
74%
66%
Say creating more jobs are top top priorities for the country
70%
46%
Prioritise environmental protection
59%
65%
Believe that environmental protection can increase economic growth
80%

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