Mind & Matters
Understanding the hearts and minds of Kiwis.
Monthly insights designed to help you better understand public sentiment, from macro trends to behaviours and attitudes towards key interest areas. Brought to you by Perceptive and Sapien Research.
A third of New Zealanders (33%) are saving little or nothing after purchasing essentials.
Emotions
Data suggests Kiwis are opting to reduce spending overall instead of using other means to pay for things (e.g. credit).
Cost of living
The number of Kiwis who believe things will get better in the next 12 months has dropped significantly (-12% since April).
12-month outlook
Released 24 July 2024
As winter settles in, New Zealanders are feeling less hopeful, less optimistic, and less motivated. Negative emotions are starting to rise as New Zealanders feel more stressed, frustrated, and anxious. Positively though, ‘hope’ remains in first place as the most widely felt emotion.
Why seasonal affective disorder impacts our mood in winter, and how to treat it | RNZ News
Females are still more likely to feel these negative emotions, but this gap is getting smaller and smaller (79% vs 72% of men). The number one emotion for females is stress (50% vs 41% of men), and the number one emotion for males is hope (51% vs 48% of women).
Younger New Zealanders aged under 34 years are the most likely to feel stressed (56%), frustrated (55%), and anxious (53%), while older generations (over 65 years old) remain the least likely to feel these negative emotions and the most likely to feel optimistic (50%).
June has seen a notable drop in the proportion of New Zealanders who believe things will get better for their family in the next year (-9% since May, and -12% since April). Even though there is still a bigger proportion of New Zealanders who believe things will improve, the gap between them is getting smaller with 20% of New Zealanders now believing things will get worse. June has also seen an increase in the number of New Zealanders who believe things will remain ‘about the same’ (+6% since May).
Positive sentiment is more common among those aged under 34 years (38%). Negative sentiment remains most pronounced among 45-64-year-olds (21%), while those aged over 65 years are the most likely to feel things will remain ‘about the same’ (61%). There are no major differences between males and females.
When asked ‘what makes you say that?’, common themes emerged around the cost of living, New Zealand’s economy, and personal financial issues:
The proportion of New Zealanders who believe the country is headed in the wrong direction has been in an upwards trend for the past couple of months, and it has now reached a new high (60%). North Islanders remain the most positive (41% vs 36% in the South Island). In terms of gender, males are more optimistic than females (42% vs 38% for women) as well as those aged over 65 years (45%).
In June, 33% of New Zealanders said their income covers the essentials and that they have little/nothing left over to save, representing a small improvement on last month (35%). This is more common for females (37% vs 30% for males) and for New Zealanders aged 45-64 years (40% vs 25% for under 34 years and 29% for over 65 years).
June saw an increase in the proportion of people having to ‘cut back’ on what they buy (+7%) due to inflation. There was also a drop in the proportion of those who are having to use their savings/credit card to afford what they need (-7%). This suggests more people are opting to reduce spending overall instead of using other means to pay for things.
Females remain more likely to admit that they’re having to ‘cut back’ on what they buy (42% vs 35% for men) due to inflation. Similarly, those under 34 years are most likely to cut back on spending (48%).
Top 5 | Bottom 5 |
1. Food and groceries – 96% | 1. Homeware and décor – 8% |
2. Telephone/mobile/internet – 83% | 2. Alcohol/tobacco/vapes – 14% |
3. Gas/electricity – 82% | 3. Consumer electronics/appliances – 14% |
4. Private vehicle costs – 73% | 4. Sport/leisure/fitness – 16% |
5. Vehicle insurance – 63% | 5. Public transport – 19% |
If New Zealanders had to cut back on how much they spend per month, the top 3 categories they would choose to cut back on would be:
Mind & Matters is designed to help business and leaders better understand public sentiment. From macro trends to behaviours and attitudes towards key interest areas, such as such as job security, personal finance, mental health, the environment and more, Mind & Matters is your comprehensive check-in on the state-of-mind of the New Zealand public.
In April 2020, in the midst of a pandemic lockdown, Perceptive and Sapien built the first Covid-19 Tracker to help businesses and leaders better understand the hearts and minds of Kiwis as we experienced this unprecedented event.
Fast forward to 2023 and the world—and New Zealand—continues to experience change on multiple fronts, from rising inflation to the rise of eCommerce and generative AI. With this in mind, Perceptive and Sapien have taken the best of our Covid-19 tracker produce this comprehensive tracker that explores what Kiwis think, feel and believe in relation to some of the most topical and challenging issues of today.
Mind & Matters releases its findings online every month. To ensure you don't miss a release, subscribe to Mind & Matters and have updates sent straight to your inbox.