Globally, The 2024 Edelman Trust Barometer reveals a new paradox at the heart of society. Rapid innovation offers the promise of a new era of prosperity, but instead risks exacerbating trust issues, leading to further societal instability and political polarisation.
In a year where half the global population can vote in new leaders, the acceptance of innovation is essential to the success of our society. While people agree that scientists are essential to the acceptance of innovation, many are concerned that politics has too much influence on science. This perception is contributing to the decline of trust in the institutions responsible for steering us through change and towards a more prosperous future.
In Australia, no single institution has succeeded in reaching trusted territory for another consecutive year.
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Of the four institutions, none are trusted to integrate innovation into society, but business comes out ahead of the other three institutions (53% trust). There is an outright distrust in media.
Australians are second most likely (only behind the U.S) to believe innovation is being mismanaged – and this concern is shared across income, gender and age. Those with this mindset are highly likely to believe that society is changing too quickly and is happening in ways that will not benefit ‘people like me’ (73%).
Mismanaged innovations are as likely to ignite backlash as advance society. With breakthroughs like AI, vaccines, and green energy on the line, explaining the science and managing impacts is essential.
Business would be more trusted with technology-led changes if it partnered with government. CEOs need to safeguard jobs and take a stand on emerging ethical concerns.
Scientists are still trusted—but increasingly subject to public scrutiny. To build trust in expert recommendations, explain the research, engage in dialogue, and harness peer voices as advocates.
When people feel in control over how innovations affect their lives, they are more likely to embrace them, not resist them. Listen for concerns, be open to questions.
In Australia, 73 percent say they trust someone like me to tell the truth about innovations, and 71 percent trust scientists. CEOs and Journalists are distrusted in Australia.
Australia remains a comparatively sceptical market in terms of the Trust Index (the avg. trust in the four major institutions) especially compared to our APAC neighbours. No single institution has succeeded in reaching trusted territory for another consecutive year.
59% of Australian worry government, business leaders, journalists & reporters are purposely trying to mislead people.
On Tuesday, March 26, 2024, we launched the 2024 Edelman Trust Barometer Australia Report in Sydney: Our panelists included Justin Stevens, News Director, ABC; Rebecca Huntley, Director of Research, 89 degrees East; John Galligan, GM & Director Corporate External, Microsoft; and moderator Gaye Steele, Marketing Academic & Consultant.
Methodology
The 2024 Edelman Trust Barometer is the firm’s 24th annual survey. The research was produced by the Edelman Trust Institute and consisted of 30-minute online interviews conducted between November 3 and November 22, 2023. Learn more >
28
Countries
32,000
Respondents
±1,150
Respondents / Country