Many don't know best economic manager

Many voters don't know which party is the best to manage the economy, but the coalition remains comfortably ahead of Labor among those who do.

The coalition is still perceived as the best to manage the economy when compared to Labor.

But well over a third of voters still don't know the difference between the two.

The latest Essential Research online poll found 42 per cent of respondents backing the government as the better economic manager compared with just 22 per cent supporting Labor, while 36 per cent didn't know.

Whether the coalition still has such a commanding lead at the end of the lengthy election campaign remains to be seen.

Reserve Bank governor Glenn Stevens believes there are years of hard budget repair work for whoever wins the July 2 election, telling a conference on Tuesday the budgetary situation will be okay if nothing else goes wrong.

Key figures over the next few weeks in the run-up to polling day will show whether the Turnbull government's mantra of "jobs and growth" stacks up.

The March quarter national accounts are due on June 1, just over a month from polling day.

These will show whether the unexpectedly upbeat annual growth rate of three per cent in 2015 extended into the first three months of 2016.

Reserve Bank and Treasury forecasting suggests not.

The Pre-election Economic and Fiscal Outlook released independently by Treasury and Finance stuck with a predicted growth rate of 2.5 per cent for this financial year, the same as the budget and that of the central bank.

Construction work figures on Wednesday could show another negative result for the March quarter as the steep drop in engineering from a rapidly unwinding mining investment boom continues to offset the lift in residential construction.

Likewise, business spending data on Thursday could also be still waiting for that much sought after pick-up from the non-mining sectors.

Both sets of figures feed into next week's growth figures.

Monthly job figures are due on June 16.


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Source: AAP


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