Essential Report

Federal Budget expectations

May 11, 2021

Q. The Federal Budget will be announced on Tuesday 11th In general, do you expect the Federal Budget will be good or bad for the following?

  May’21 Oct’20
  TOTAL: Very Good / Good Neither good, nor bad TOTAL: Very bad / Bad Don’t know TOTAL: Very Good / Good Neither good, nor bad TOTAL: Very bad / Bad Don’t know
People who are well off 53% 28% 8% 12% 51% 30% 10% 8%
Big business 51% 30% 9% 11% 53% 26% 12% 9%
Small business 44% 28% 17% 11% 44% 26% 23% 7%
The economy overall 41% 33% 16% 10% 34% 27% 32% 7%
Australian families 38% 33% 19% 10% 33% 31% 29% 7%
Women 34% 36% 18% 12%
Average working people 32% 32% 25% 10% 30% 29% 34% 6%
Younger Australians 31% 35% 23% 12% 29% 31% 33% 8%
People on lower incomes 30% 27% 33% 11% 30% 23% 40% 6%
Older Australians 29% 28% 32% 11% 31% 28% 34% 7%
You personally 23% 40% 27% 10% 25% 36% 31% 8%
  • Over half of people think the upcoming budget will be good / very good for those who are well off (53%) and about half (51%) think it will benefit big business. This is consistent with levels for these measures last budget (51% and 53% respectively).
  • Notably, more people now think the upcoming budget will be good / very good for the economy overall (41% from 34% in October) and Australian families (38% from 33%) than the last announcement in October.
  • People on lower incomes (33%) and older Australians (32%) are most expected to be worse off following the announcement.
TOTAL:

Very good / Good

Total Federal Voting Intention
Labor Coalition Greens TOTAL: Other
People who are well off 53% 60% 47% 70% 62%
Big business 51% 57% 49% 62% 57%
Small business 44% 40% 60% 32% 40%
The economy overall 41% 33% 61% 26% 34%
Australian families 38% 32% 54% 29% 38%
Women 34% 31% 46% 30% 33%
Average working people 32% 25% 47% 26% 34%
Younger Australians 31% 25% 44% 23% 27%
People on lower incomes 30% 20% 45% 23% 34%
Older Australians 29% 25% 38% 35% 26%
You personally 23% 16% 32% 22% 26%
  • 23% expect to be better off following the budget announcement.
  • 32% of Coalition voters think they personally will have a good budget. This is higher than Labor (16%), Greens (22%) and those voting for a minor/independent party (26%).

COVID-19 RESEARCH

Read Essential's ongoing research on the public response to Covid-19.

Sign up for updates

Receive the Essential Report in your inbox.
  • This field is for validation purposes and should be left unchanged.