Impact of Federal Budget

May 19, 2015

Q. In general, do you think the Federal Budget, announced on Tuesday 12th May 2015 will be good or bad for?

  Total good Total bad

 

  Very good Good Neither good nor bad Bad Very bad Don’t know   2014 good 2014 bad
You personally 15% 28% 3% 12% 48% 19% 9% 9% 13% 52%
Average working people 22% 27% 3% 19% 41% 20% 7% 11% 14% 59%
Australian business 36% 23%
Small businesses 66% 6% 22% 44% 18% 4% 2% 11%
Big businesses 34% 10% 12% 22% 42% 8% 2% 16%
The economy over all 30% 22% 5% 25% 37% 16% 6% 11% 40% 32%
People who are well off 36% 14% 13% 23% 39% 12% 2% 11% 45% 16%
People on lower incomes 22% 34% 3% 19% 33% 21% 13% 11% 11% 66%
Australian families 29% 27% 5% 24% 34% 19% 8% 11% 11% 62%
Older Australians 20% 34% 3% 17% 35% 23% 11% 11% 10% 66%
Younger Australians 21% 29% 3% 18% 37% 20% 9% 13% 16% 55%

Two thirds (66%) of respondents think the budget will be good for small businesses.

Respondents also thought the budget was more likely to be good for big businesses (34% good/10% bad), the economy overall (30%/22%) and people who are well off (36%/14%).

Compared to last year’s budget, this year’s budget was considered better (or less bad) for all groups except the economy overall where good has dropped from 40% to 30% – and bad has dropped similarly, from 32% to 22%. For all groups, those who say the budget will be neither good nor bad has increased.

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