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Market Research Update

Watch Now [https://youtu.be/HMvoXuFa0kg] A resounding majority of Australians want to retain the Monarchy rather than become a Republic with an elected President

An increasing majority of Australians, 60% (up 5% points since November 2012) believe Australia should remain a Monarchy while only 40% (down 5% points) say Australia should become a Republic with an elected President. In June 2012, just over a decade ago, Queen Elizabeth II had celebrated her 'Diamond Jubilee' for the 60th Anniversary of the ascension to the throne back in 1952.

This special Roy Morgan SMS Poll was conducted by SMS on Monday September 12, 2022, with an Australia-wide cross-section of 1,012 Australians. The survey was conducted entirely after Prince Charles took the oath on the weekend to become King Charles III.

Analysis of the results by gender shows that nearly two-thirds of women (66%) favour the Monarchy compared to only 34% that favour a Republic with an elected President. However, the results for men are far evenly split with 54% in favour of the Monarchy compared to 46% that would prefer a Republic.

Read Full Article [https://www.roymorgan.com/findings/a-resounding-majority-of-australians-want-to-retain-the-monarchy-rather-than-become-a-republic] Browse our range of Demographic and Social Related Reports [https://store.roymorgan.com/products/australia/demographic-and-social-] ANZ-Roy Morgan Consumer Confidence drops by 0.4pts to 85.7 after RBA increases interest rates by 0.5% to 2.35%

ANZ-Roy Morgan Consumer Confidence was down by 0.4pts to 85.7 this week and is now a large 17.4pts below the same week a year ago, September 11/12, 2021 (103.1). In addition, Consumer Confidence is now 5.3pts below the 2022 weekly average of 91.0.

The slight drop in Consumer Confidence was the smallest after an RBA interest rate increase since Consumer Confidence dropped by only 0.2pts after the RBA’s initial +0.25% interest rate increase in May. In the weeks after other interest rate increases Consumer Confidence dropped by 6.6pts (June), by 2.1pts (July) and by 3.8pts (August) – an average drop of 4.2pts for the three prior +0.5% increases.

There were mixed results across the index this week with two improving slightly, two declining and one unchanged. Those improving related to personal finances and whether now is a ‘good time to buy’ major household items whereas those declining related to the performance of the economy.

Read Full Article [https://www.roymorgan.com/findings/9065-anz-roy-morgan-consumer-confidence-september-13] Browse Consumer Confidence Reports [https://store.roymorgan.com/product/Roy-Morgan-Consumer-Confidence-Monthly-Report---Annual-Subscription-13479] Roy Morgan shows ALP two-party preferred lead unchanged; ALP 53.5% cf. L-NP 46.5%

Click to learn more about the latest political and economic figures. [https://youtu.be/HMvoXuFa0kg]

ALP hold a large election-winning lead over the Liberal-National Coalition in Victoria in August: ALP 58% cf. L-NP 42%

The ALP on 58% holds an election-winning lead in Victoria well ahead of the L-NP on 42% on a two-party preferred basis less than three months before the State Election due in late November. A special Roy Morgan Snap SMS Poll taken in mid-August showed the ALP with an even bigger two-party preferred lead: ALP 60.5% cf. L-NP 39.5%.

If a Victorian State Election were held today the ALP would win the election easily according to today’s multi-mode Roy Morgan Poll on State voting intention conducted during the month of August with a representative cross-section of 1,407 Victorian electors aged 18+.

Read Full Article [https://www.roymorgan.com/findings/9048-roy-morgan-survey-on-voting-intention-in-victoria-september-13-2022] Browse our range of Economic, Political and Social Related Reports [https://store.roymorgan.com/products/australia/demographic-and-social-/economic--political-and-social] The Internet ‘solves more problems than it creates’; but Social Media ‘causes more problems than it solves’

A special Roy Morgan SMS Survey conducted in conjunction with the latest Risk Monitor data for the 12 months to June 2022 shows an unambiguous difference between how Australians regard the internet compared to their views on Social Media.

Almost two-thirds of Australians (63.8%) agree the internet ‘solves more problems than it creates’ compared to 36.2% that disagree. In contrast, fewer than three-in-ten Australians (28.7%) agree that Social Media ‘solves more problems than it creates’ compared to a large majority of 71.3% that disagree.

Read Full Article [https://www.roymorgan.com/findings/9056-social-media-internet-trust-distrust-september-2022] Watch the Webinar [https://www.youtube.com/watch?v=g29WdAKTXh0] Buy The Future of Media Webinar Deepdive Report [https://store.roymorgan.com/product/Australia%E2%80%99s-Most-Trusted-and-Distrusted-Brands-&-The-Future-of-Media-Webinar-Report-September-2022-13725] Inflation Expectations down 0.3% points to 5.6% in August

In August 2022 Australians expected inflation of 5.6% annually over the next two years, down 0.3% points from the eight-year high reached a month ago in July 2022.

Inflation Expectations in August are a large 1.3% points higher than a year ago in August 2021, and 2.4% points above the record low of 3.2% in August 2020.

Although Inflation Expectations have dropped in August the return of the full petrol excise at the end of September is likely to lead to higher inflation expectations in the next few months as the price of a litre of petrol will increase by over 25 cents per litre.

Read Full Article [https://www.roymorgan.com/findings/9052-australian-inflation-expectations-august-2022] Browse our Finance Related Reports [https://store.roymorgan.com/products?keyword=finance] Media mentions

B&T - Aussies Say Internet “Solves More Problems Than It Creates”; Social Media “Causes More Problems Than It Solves” [https://www.bandt.com.au/aussies-say-internet-solves-more-problems-than-it-creates-social-media-causes-more-problems-than-it-solves/]

Finder - Disney Plus vs Netflix: 5 reasons now is the best time to switch [https://www.finder.com.au/disney-plus-day-2022-vs-netflix]

The New Daily - Jobs data to shed fresh light on labour shortage [https://thenewdaily.com.au/finance/work/2022/09/11/labour-market-economy-data/]

The Australian Financial Review - Multi-employer wage deals already happening [https://www.afr.com/work-and-careers/workplace/multi-employer-wage-deals-already-happen-despite-unions-summit-push-20220907-p5bg1m]

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