Aussies are pessimistic about 2022

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A new survey from Roy Morgan Research shows that Australians are pessimistic about 2022, with the previous ‘virus-free’ states most pessimistic about reopening:

A special Roy Morgan web survey taken in late November shows only 37% of Australians think 2022 will be ‘better’ than 2021, down a large 22% points from when the same question was asked a year ago in late 2020.

However, fewer than a quarter of Australians, 23%, think 2022 will be ‘worse’ than 2021, although this is up 13% points on a year ago. Nearly a third of Australians are hedging their bets on next year with 31% (up 14% points on a year ago) who say 2022 will be ‘the same’ and 9% (down 5% points) don’t know.

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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.