Key takeaways
- Finder’s Economic Positivity Index has fallen by 8 percentage points.
- 4% of Finder’s panel on average had a positive view of the economy.
The index fell as confidence declined across several key areas, including employment, wage growth, housing affordability, cost of living and household debt.
Optimism around jobs dropped to 6%, down from 24% in February 2026, while confidence in wages also fell to 6% from 17%.
Sentiment on cost of living and housing affordability weakened further, with optimism declining to 3% from 7%. No respondents reported a positive outlook on household debt.
Finder's Graham Cooke highlighted that, "Economic sentiment has weakened over the past six months, with the positivity average falling from 9% in November 2025 to 4% in March 2026, the lowest level on record. A brief rise to 12% in February 2026, driven by stronger employment expectations, was quickly reversed as confidence in both jobs and wage growth declined again in March. The downturn coincides with a renewed increase in the RBA cash rate, which reached 4.10% in March, with back-to-back rate hikes adding further pressure on households."
What is the Finder Economic Positivity Index?
Finder's Economic Positivity Index is a monthly measure of how the economists on Finder's RBA cash rate panel view the outlook for the Australian economy across 5 broad categories. It provides a snapshot of the consensus positive sentiment of economic experts on the Australian economy as a whole over the next 6 months.
The index is collated from over 3,400 responses to Finder's RBA cash rate survey since March 2018. It is produced by analysing data collected across 5 categories:
- Employment
- Wage growth
- Housing affordability
- Cost of living
- Household debt
Each category is measured with a question that asks whether the economist has a positive, neutral or negative outlook over the following 6 months. These responses are then collated into a consensus opinion, then averaged to form the final positivity index.
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