Polling: Cost of Living
The Australia Institute surveyed a sample of 1,379 Australians about their wages growth and the cost of living over the past year.
The results show that:
- Seven in 10 Australians (72%) say their income grew slower than the cost of living over the past year, with 38% saying their income grew much slower.
- Australians earning more than $200,000 were the only group where a majority (53%) said their income either grew as fast as or faster than the cost of living.
- 40% of Australians feel that Labor has a better approach to cost of living and low wages growth, compared to 33% who feel the Coalition have a better approach.
- By age group, only among Australians aged 60 and older do more trust the Coalition (38%) on issues of cost and living and low wages growth (Labor 35%).
- More Australians living in metropolitan areas trust Labor than trust the Coalition (42% vs 31%); the reverse is true in rural areas (33% vs 38%).