The Roy Morgan Research people recently reported this good news and I thought I should share it. Here it is:
“Confidence has strengthened for the eighth week running, up 0.4pts to 92.7. Now 23% (down 1ppt) of Australians say their families are ‘better off’ financially than this time last year and 36% (unchanged) say their families are ‘worse off’ financially. 38% (up 1ppt), expect their family to be ‘better off’ financially this time next year compared to 17% (down 3ppts) that expect to be ‘worse off’ financially. Just 6% (down 1ppt) expect ‘good times’ for the Australian economy over the next 12 months while 48% (unchanged) expect ‘bad times’.
And in the longer term, 20% (down 1ppt) of Australians are expecting ‘good times’ for the Australian economy over the next five years compared to 20% (up 2ppts) expecting ‘bad times’. In addition now 35% (up 1ppt) of Australians say now is a ‘good time to buy’ major household items, while 38% (down 2ppts) of Australians say now is a ‘bad time to buy’.”
Mind you, my confidence that things will get better has never wavered. There’s always a silver lining to every black episode and Corona-19 is no different.
Whether you have that confidence is entirely up to you. You get what you expect. Remember that old metaphor “Whether you think you can or whether you think you can’t… either way you’re right!”
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