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Economic optimismEconomic optimism
About the author
Natasha Kassam
Natasha Kassam was Director of the Lowy Institute's Public Opinion and Foreign Policy Program from 2019 to 2022, directing the annual Lowy Institute Poll and researching China’s politics, Taiwan, and Australia-China relations.
Facing the prospect of a global economic downturn of a severity not seen since the Great Depression, Australians’ optimism about the economy has fallen to record lows, although a slight majority (52%) remain optimistic. This is the lowest level of optimism recorded in the history of the Lowy Institute Poll. It represents a 13-point fall from 2019, and is 34 points lower than the high point in 2009 and 2010 (86%). Only 3% of respondents say they are ‘very optimistic’ about Australia’s economy.
