Essential Report

Importance of reducing debt

Aug 13, 2013

Q. Do you think it is more important to reduce Australia’s national debt or to maintain government spending on services and projects?

 

6
May 13

 

 

Total

Vote ALP

Vote Lib/Nat

Vote Greens

Australia’s debt higher

Australia’s debt about the same

Australia’s debt lower

More important to reduce debt

46%

48%

28%

72%

23%

76%

48%

37%

More important to maintain spending

40%

35%

51%

20%

60%

18%

32%

49%

Don’t know

14%

17%

21%

9%

17%

6%

20%

14%

48% think it is more important to reduce Australia’s debt and 35% think it is more important to maintain Government spending on services and projects. This represents a shift away from maintaining spending since this question was previously asked in May.

51% (down 10%) of Labor voters and 60% (up 1%) of Greens voters favour maintaining spending while 72% (up 5%) of Liberal/National voters think it is more important to reduce debt.

76% of those who think Australia’s debt is higher compared to other countries think we should reduce debt while 49% of those who think our debt is lower think we should maintain spending.

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