Federal budget impact

May 8, 2018

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 ’17) Total Bad (May ’17)
People who are well off 55% 8% 27% 28% 26% 6% 2% 11% 44% 7%
Australian business 47% 8% 10% 37% 31% 7% 1% 12% 43% 8%
The economy overall 35% 19% 6% 29% 34% 15% 4% 12% 21% 24%
Average working people 24% 29% 4% 20% 36% 24% 5% 10% 12% 35%
Australian families 23% 31% 5% 18% 33% 24% 7% 11% 14% 36%
People of lower incomes 22% 43% 5% 17% 25% 27% 16% 11% 11% 48%
Older Australians 20% 24%   5% 15% 27% 28% 12% 12% 10% 45%
Younger Australians 19% 28% 4% 15% 41% 20% 8% 12% 11% 33%
You personally 18% 24%   5% 13% 47% 18% 6% 11% 10% 30%

 

55% thought that the Federal Budget would be good for people who are well off (up 11% from last year’s budget). 47% thought it would be good for Australian business (up 4%), and 35% thought it would be good for the economy overall (up 14%). Less than 25% thought the budget would be good for any another group – although for each group, respondents were more optimistic than last year.

18% thought the Federal Budget would be good for them personally (up 8% from last year’s budget), and 24% thought it would be bad for them (down 6%).

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