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The traditional Gallup International End of Year survey conducted in countries all over the world shows Australians are amongst the least optimistic about 2020 of anyone:
As shown above, only 12% of Australians are optimistic about 2020, versus 40% that are pessimistic. In fact, the only OECD nation that is more net pessimistic than Australia is Italy.
These results accord with a survey conducted by Roy Morgan just prior to Christmas, which showed that Australians are largely negative on prospects for 2020, with the net negative rating of 28% the worst in nearly 40-years:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.