Newspoll regularly asks voters whether, in the next six months, their standard of living will improve, stay the same, or get worse. Their results always show that supporters of the political party in opposition federally are more pessimistic than supporters of the governing party.

As I noted a couple of years ago, at most times the causes of this are hard to disentangle. Some of it is probably real. Living standards of opposition supporters may genuinely be negatively affected by the government’s policies – eg Labor supporters relying on handouts that may not be so readily available under the Coalition; Liberal supporters suffering from increased tax and regulation under Labor. And people whose living standards have declined may blame the government, and therefore appear as supporters of the opposition in the polls.

These factors are least likely to apply as a new government begins; voters cannot blame its past policies for their current problems, and the inevitably slow-moving machinery of government means that few objective changes are likely to occur within six months. But as a Newspoll conducted in mid-December, and reported in the Australian this morning, shows this doesn’t stop reversals in who feels optimistic about their future living standards and who feels pessimistic.
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