Essential Report

Federal budget impact

May 2, 2017

Q. In general, do you expect the Federal Budget, will be good or bad for the following?

  Total good Total bad   Very good Good Neither good nor bad Bad Very bad Don’t know Total Good (May ’16) Total Bad (May ’16)
People who are well off 54% 7% 23% 31% 27% 5% 2% 13% 49% 10%
Australian business 43% 8% 7% 36% 34% 6% 2% 15%
The economy overall 21% 24% 2% 19% 41% 20% 4% 14% 28% 22%
Australian families 14% 36% 2% 12% 36% 29% 7% 14% 16% 36%
Average working people 12% 35% 1% 11% 39% 28% 7% 14% 21% 35%
Younger Australians 11% 33% 2% 9% 42% 25% 8% 15% 25% 28%
People of lower incomes 11% 48% 2% 9% 28% 32% 16% 13% 15% 46%
You personally 10% 30% 2% 8% 47% 23% 7% 13% 15% 26%
Older Australians 10% 45% 2% 8% 33% 32% 13% 13% 11% 51%

 

44% thought that the Federal Budget would be good for people who are well off (down 5% from last year’s budget). 43% thought it would be good for Australian business, and 21% thought it would be good for the economy overall (down 7%). Less than 15% thought the budget would be good for any another group.

Only 10% thought the federal budget would be good for them personally (down 5% from last year’s budget), and 30% thought it would be bad for them (up 4%).

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