How would the election of a Liberal government affect your clients’ portfolios? Almost a third of Australians believe they would be better off, but that’s not the full story.
According to the latest poll from Essential Vision, 30% of respondents believe they would be better off under a Liberal government. However, an almost identical number of respondents (32%) believe they will be worse off. Almost a quarter (24%) thought it would make no difference to them financially.
Those participants in the 65-plus age group were the most positive about the effect that a Liberal government would have on their finances, with 47% of respondents in this category saying they would be richer. Respondents in the 45 to 64-year-old category, however, were more pessimistic, with 40% saying they would be worse off under Tony Abbott, Mathias Cormann, and co.
Source: Essential Vision
The survey also revealed some interesting insights into how everyday Australians feel that their personal financial situations will pan out in the lead up to the next election. Overall, 29% of respondents expected their financial situation to improve over the next 12 months, while 31% thought it would get worse.