Queenslanders pessimistic about economy

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13 December 2010
| By Caroline Munro |
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Nearly 50 per cent of Australians are pessimistic about the future of the economy – particularly Queenslanders, despite the state experiencing a mining boom, according to the Allianz Future Optimism Index survey.

The survey, conducted by Newspoll, revealed that when it came to expectations about the future of the economy, only 51 per cent of Australians were optimistic and 9 per cent were ‘decidedly pessimistic’. This was despite a positive economic outlook and low levels of unemployment.

The survey found that Western Australians were the most optimistic at 59 per cent, followed by South Australia (53 per cent), Victoria and New South Wales (both at 51 per cent) and lastly Queensland (47 per cent).

There was some difference between men and women, with women proving to be less optimistic. Some 57 per cent of men surveyed were optimistic about the future of the economy compared to 45 per cent of women. The difference was apparent across demographic groupings, Allianz stated.

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