Statements about the budget

May 19, 2015

Q. Please indicate whether – in general – you agree with the following statements about the Federal budget that was handed down on Tuesday 12th May.

  Total agree Total dis-

agree

 

  Strongly agree Agree Neither Dis-

agree

Strongly dis-

agree

Don’t know
Overall, the budget is fair and balanced 28% 32% 4% 24% 28% 21% 11% 12%
This budget does not do enough to reduce the deficit 37% 18% 10% 27% 30% 15% 3% 14%
This was the budget Australia needs at this time 28% 31% 4% 24% 28% 19% 12% 14%
This budget favours businesses over workers 47% 12% 16% 31% 28% 10% 2% 13%
This budget fixes the problems in last year’s budget 20% 37% 3% 17% 29% 26% 11% 14%
This budget is more about improving the Government’s popularity than improving the economy 50% 19% 22% 28% 20% 13% 6% 11%

About half the respondents agree that the budget is “more about improving the Government’s popularity than improving the economy” (50%) and that the budget “favours businesses over workers” (47%). They were also more likely to think that the budget “does not do enough to reduce the deficit” (37% agree/18% disagree).

They were more likely to disagree that “this budget fixes the problems in last year’s budget” (20% agree/37% disagree) but split over whether the budget is “fair and balanced” or is “the budget Australia needs at this time”.

Budget Emergency

May 19, 2015

Q. Some people say that there is a “budget emergency” in Australia. Which of the following is closest to your view?

  Total

 

  Vote Labor Vote Lib/Nat Vote Greens Vote other   May 2014
I agree that there is a ‘budget emergency’ in Australia, and I believe that the recently announced budget changes will help bring the budget back into line. 19% 9% 39% 1% 8% 32%
I agree that there is a ‘budget emergency’ in Australia, but I don’t think the recently announced budget changes will help bring the budget back into line. 32% 34% 32% 26% 42% 24%
I do not believe we have a budget emergency in Australia 30% 40% 19% 54% 31% 32%
Don’t know 19% 17% 10% 19% 19% 11%

Overall, 51% of Australians agree that there is a budget emergency – down 5% since this time last year.

19% agree that there is a budget emergency and that the recent budget will help bring the budget back into line – down 13%. 32% (up 8%) agree that there is a budget emergency, but that the recent budget will not bring the budget back into line.

30% (down 2%) do not believe there is a budget emergency.

Labor (40%) and Greens (54%) voters were more likely to think that we do not have a budget emergency in Australia.

Government financial actions

Oct 14, 2014

Q. The government is considering savings and taxing options to pay for the war in Iraq, lower commodity prices and its inability to pass savings from its May budget this year. Would you approve or disapprove of the following actions it might take?

 

Total approve

Total dis-approve

 

Strongly approve

Approve

Dis-approve

Strongly dis-approve

Don’t know

Higher corporate tax

68%

22%

26%

42%

15%

7%

10%

Abandon its paid parental leave scheme

56%

31%

31%

25%

17%

14%

12%

Cuts to tax concessions in areas like superannuation

21%

67%

4%

17%

33%

34%

13%

Higher income taxes

21%

69%

5%

16%

31%

38%

10%

Cuts to social services, health or education

12%

81%

2%

10%

26%

55%

7%

A majority approve of higher corporate tax (68%) and abandoning the paid parental leave scheme (56%) to pay for the war in Iraq, lower commodity prices and the Government’s inability to pass savings from its May budget this year.

A majority would disapprove of cuts to social services, health or education (81%), higher income taxes (69%) and cuts to tax concessions in areas like superannuation (67%).

Budget surplus

Nov 26, 2012

Q. In order to keep to their commitment to return to surplus in 2012-13, which measures should the Government take?

 

Total

 

Vote Labor

Vote Lib/Nat

Vote Greens

Increase taxes for big corporations

59%

70%

51%

65%

Reduce tax breaks for high income earners

46%

51%

41%

62%

Cut “middle class welfare” such as the Baby Bonus, first home buyers grant and Family Tax Benefit payments

43%

42%

48%

52%

Reduce defence spending

38%

40%

33%

70%

Postpone building the NBN

27%

18%

42%

14%

Cut spending on unemployment and disability benefits

26%

20%

36%

17%

Postpone other infrastructure projects like new roads and highways

12%

12%

13%

12%

Measures most supported by respondents in order to keep the commitment to the 2012-13 budget surplus are increasing taxes for big corporations (59%), reducing tax breaks for high income earners (46%) and cutting ‘middle class welfare’ (43%).

Looking at the results by voting intention, the majority of Lib/Nat voters support increasing taxes for big corporations (51%).  Labor voters are most in favour of increasing taxes for big corporations (70%) and reducing tax breaks for high income earners (51%).  Greens voters are most inclined to support reducing defence spending (70%) and increasing taxes for big corporations (65%).

Will the Budget solve our two speed economy?

May 15, 2012


Paul Bastian welcomes the tax on mining profits and the Government’s continued commitment to manufacturing.

It’s no secret that the mining boom has pushed the dollar sky high and caused problems for manufacturers. But Paul Bastian believes the Government is right to be investing in the future and promoting maths and science.

He tells 3Q that innovation in manufacturing is the key to the future and it must be protected at all costs.

Interest in Federal Budget

May 14, 2012

Q. Thinking about the Federal Budget – how much attention did you pay to this week’s Federal Budget?

 

2009

2010

2011

2012

Total a lot/some

66%

53%

52%

54%

Total a little/none

31%

44%

45%

43%

A lot

29%

18%

19%

20%

Some

37%

35%

33%

34%

A little

25%

29%

31%

31%

None

6%

15%

14%

12%

Can’t say

3%

3%

2%

3%

Just over half (54%) of respondents said they paid a lot or some attention to the Federal Budget. This is much the same as the corresponding figure of 52% for last year’s budget.

Those most interested were Liberal/National voters (61%), Labor voters (59%) and people aged 55+ (64%). Only 42% of respondents aged 18-34 paid a lot or some attention to the budget.

Comments »

Impact of Budget

May 14, 2012

Q. Do you think the Federal Budget was good or bad for you personally?

Q. Do you think the Federal Budget was good or bad for average working people?

Q. Do you think the Federal Budget was good or bad for Australian businesses?

Q. Do you think the Federal Budget was good or bad for the Australian economy overall?

 

You personally

Working people

Australian businesses

Economy overall

 

2010

2011

2012

2012

2010

2011

2012

2010

2011

2012

Total good

22%

11%

17%

31%

27%

20%

10%

36%

27%

26%

Total bad

26%

29%

26%

24%

32%

25%

43%

28%

29%

32%

Very good

3%

2%

2%

4%

3%

3%

1%

6%

4%

4%

Good

19%

9%

15%

27%

24%

17%

9%

30%

23%

22%

Neither good nor bad

33%

44%

44%

33%

9%

31%

29%

10%

25%

25%

Bad

18%

21%

17%

19%

22%

19%

28%

18%

21%

21%

Very bad

8%

8%

9%

5%

10%

6%

15%

10%

8%

11%

Don’t know

20%

16%

12%

12%

31%

23%

18%

26%

20%

17%

In terms of the economy overall there was a similar response to the 2012 budget compared to last year’s. 26% (down 1%) thought the economy was good for the economy and 32% (up 3%) thought it was bad.

44% of respondents thought the Federal budget was neither good nor bad for them personally – 17% (up 6%) said it was good and 26% (down 3%) bad. 28% of respondents aged 35-44 thought it was good for them while 38% of those aged 55+ thought it was bad.

31% thought it was good for working people and 24% thought it was bad. 35% of part-time workers thought it was good for working people.

43% (up 18%) thought the budget was bad for business, 10% (down 10%) good and 29% said it was neither.

Comments »

Approval of Budget Items

May 14, 2012

Q. Do you approve or disapprove of the following parts of the Federal budget?

 

Total approve

Total disapprove

Strongly approve

Approve

Disapprove

Strongly disapprove

Don’t know

Reduced spending on defence

48%

43%

14%

34%

28%

15%

10%

Increased spending on dental health

87%

8%

30%

57%

7%

1%

6%

Bonus payments to low-income families with children at school

60%

33%

16%

44%

20%

13%

7%

Returning the budget to surplus

61%

26%

15%

46%

19%

7%

14%

Tightening eligibility for parenting payments for single mothers

65%

25%

26%

39%

17%

8%

10%

Increasing tax on super contributions for people on high incomes

60%

31%

28%

32%

20%

11%

9%

Respondents were divided on reduced defence spending – 48% approved and 43% disapproved. Support for reduced defence spending was highest among those aged 18-34 (57%).

On all other items measured there was quite strong approval – in particular on increased spending on dental health (87%). Other items received at least 60% support – including 61% approval of returning the budget to surplus. 71% of Labor voters and 58% of Liberal/National voters approved the return to surplus.

Increasing tax on super contributions for people on high incomes was approved by 52% of those on incomes of $1,600+ pw and disapproved by 40%.

Comments »

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