Measures to Return to Surplus

Apr 10, 2012

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

Total

11/4/11

Total 10/4/12

Vote Labor

Vote Lib/Nat

Vote Greens

Increase taxes for big corporations

63%

67%

81%

55%

80%

Reduce tax breaks for high income earners

51%

57%

65%

52%

71%

Postpone major infrastructure projects like the NBN

na

41%

29%

58%

19%

Reduce defence spending

32%

38%

42%

30%

64%

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

36%

36%

37%

38%

36%

Cut spending on unemployment and disability benefits

21%

23%

18%

32%

12%

It does not need to return to surplus so quickly

38%

63%

67%

66%

58%

Overall, the most favoured means of returning the budget to surplus were increasing taxes for big corporations (67%) and reducing tax breaks for high-income earners (57%). Both these measures were strongly favoured by Labor and Greens voters.

Although support was less strong, these two measures were also two of the three the most preferred among Liberal/National voters – 58% think the Government should postpone major infrastructure projects like the NBN.

The main changes since this question was asked 12 months ago are increases in support for reducing tax breaks for high-income earners (up 6%) and reducing defence spending (up 6%).

Note, although 63% thought that the budget does not need to return to surplus so quickly, some of these respondents also agreed with some of the measures listed.

Comments »

Education Funding or Budget Surplus

Feb 27, 2012

Q. The Gonski report also recommends a $5 billion increase in education funding with $1.5 billion of this additional funding coming from the Federal Government and the rest from the State Governments. If the Federal Government provides this additional funding it may mean they will not be able to return the budget to surplus next year.

Do you think it is more important to provide this additional funding for schools or more important to return a budget surplus?

 

Total

Vote Labor

Vote Lib/Nat

Vote Greens

More important to provide additional funding to schools

61%

63%

58%

83%

More important to return a budget surplus

24%

25%

29%

11%

Don’t know

15%

12%

12%

6%

61% think it is more important to provide additional funding to schools and 24% say it is more important to return a budget surplus.

Those who think it is more important to provide additional funding were women (65%), aged 45+ (67%), and Greens voters (83%).

Comments »

Return to Surplus

Nov 28, 2011

Q. Do you think it is more important for the Government to return the budget to surplus by 2012/13 as planned – which may mean cutting services and raising taxes – OR should they delay the return to surplus and maintain services and invest in infrastructure?

April 4 Total Vote Labor Vote Lib/Nat Vote Greens
Return to surplus by 2012/13, cut services, raise taxes 14% 13% 13% 19% 7%
Delay return to surplus, maintain services, invest in infrastructure 69% 71% 76% 68% 82%
Don’t know 17% 15% 11% 13% 11%

13% support the return to surplus by 2012/13 if it means cutting services and raising taxes and 69% think the Government should delay the return to surplus and maintain services and investment. Opinions are unchanged since this question was asked in April.

No more than 19% of any demographic or voter group supported the return to surplus by 2012/13.

Comments »

Measures Government should take to Return to Surplus

Nov 28, 2011

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

April 4 Total Vote Labor Vote Lib/Nat Vote Greens
Increase taxes for big corporations 63% 72% 81% 65% 86%
Reduce tax breaks for high income earners 51% 59% 63% 57% 64%
Reduce defence spending 32% 37% 32% 37% 67%
Cut “middle class welfare” such as the Baby Bonus, first home buyers grant and Family Tax Benefit payments 36% 35% 31% 40% 29%
Cut spending on unemployment and disability benefits 21% 21% 15% 28% 13%
It does not need to return to surplus so quickly 38% 58% 65% 56% 61%

The most favoured measures for returning the budget to surplus were increasing taxes for big corporations (72%) and reducing tax breaks for high-income earners (59%).

Labor voters were more likely to support increasing taxes for big corporations (81%).

Liberal/National voters were more likely to support cutting spending on unemployment and welfare benefits (28%), and cutting “middle class welfare” (40%).

Since this question was last asked in April, support has increased for increasing taxes for big corporations (+9%) and reducing tax breaks for high income earners (+8%).

However, the major change since April has been a substantial increase in support for the position that the Government does not need to return to surplus so quickly – up 20% to 58%. This position is supported by 65% of Labor voters and 56% of Liberal/National voters.

Comments »

Interest in Federal Budget

May 16, 2011

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

2009 2010 2011
Total a lot/some 66% 53% 52%
Total a little/none 31% 44% 45%
A lot 29% 18% 19%
Some 37% 35% 33%
A little 25% 29% 31%
None 6% 15% 14%
Can’t say 3% 3% 2%

Just over half (52%) of respondents said they paid a lot or some attention to the Federal Budget. This is much the same as the corresponding figure of 53% for last year’s budget.

Those most interested were Liberal/National voters (64%) and people aged 55+ (63%). Only 42% of respondents aged 18-34 paid a lot or some attention to the budget.

Comments »

Perceived Impact of Budget

May 16, 2011

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 Australian businesses?

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

You personally Businesses The economy overall
2010 2011 2010 2011 2010 2011
Total good 22% 11% 27% 20% 36% 27%
Total bad 26% 29% 32% 25% 28% 29%
Very good 3% 2% 3% 3% 6% 4%
Good 19% 9% 24% 17% 30% 23%
Neither good nor bad 33% 44% 9% 31% 10% 25%
Bad 18% 21% 22% 19% 18% 21%
Very bad 8% 8% 10% 6% 10% 8%
Don’t know 20% 16% 31% 23% 26% 20%

Overall there was a less positive response to the 2011 budget than to the 2010 budget. The main differences were that respondents were less likely to rate the budget good and more likely to think it was neither good nor bad. The proportions who thought it was bad were similar to last year.

44% of respondents thought the Federal budget was nether good nor bad for them personally – 11% said it was good and 29% bad. The only substantial differences by demographics were that 51% of respondents aged 55+ thought it was nether good nor bad.

25% thought the budget was bad for business, 20% good and 31% said it was neither. 35% of Labor voters said it was good for business and 45% of Liberal/National voters said it was bad.

Respondents were split over whether it was good or bad for the economy overall – 27% said it was good and 29% bad. Labor voters split 50% good/9% bad compared to Liberal/National voters at 12% good/51% bad.

Comments »

Federal Budget Expectations

May 9, 2011

Q. Overall, do you expect the Federal Budget to be good or bad for you personally?

Total Vote Labor Vote Lib/Nat Vote Greens Men Women Age

18-34

Aged

35-54

Aged 55+
Total good 12% 21% 9% 7% 10% 14% 22% 8% 5%
Total bad 35% 18% 50% 33% 40% 30% 21% 40% 43%
Very good 2% 2% 2% 1% 2% 3% 1% *
Good 10% 19% 7% 7% 9% 12% 19% 7% 5%
Neither good nor bad 44% 54% 36% 53% 43% 44% 45% 42% 46%
Bad 27% 16% 37% 25% 30% 23% 17% 30% 32%
Very bad 8% 2% 13% 8% 10% 7% 4% 10% 11%
Don’t know 9% 7% 6% 7% 6% 12% 11% 10% 6%

35% expect the Federal Budget will be bad for them personally and 12% expect it will be good – 44% think it will be neither.

Labor voters are split – 21% good/18% bad while 50% of Liberal/National voters expect it will be bad and only 9% expect it will be good.

Younger voters are more optimistic than older voters – those aged under 35 are split 22% good/21% bad while 43% of over 55’s expect it will be bad and only 5% good. By income, the only major difference from the average is that 45% of people on incomes under $600 pw expect it will be bad for them.

Comments »

Interest in Federal Budget

May 9, 2011

Q. Thinking about the Federal Budget to be announced next week  – how interested are you in reading and hearing about the Federal Budget?

2010 Total Vote Labor Vote Lib/Nat Vote Greens
Very interested 30% 38% 41% 44% 32%
Somewhat interested 37% 29% 32% 29% 30%
A little interested 22% 21% 19% 20% 28%
Not at all interested 8% 8% 5% 6% 9%
Can’t say 4% 3% 2% *

67% of respondents say they are very or somewhat interested in reading and hearing about the Federal Budget – the same as recorded prior to the 2010 budget. However, those who say they are “very interested” has increased from 30% to 38%.

73% of both Labor and Liberal/National voters say they are interested.

Younger people are less interested – 60% of those under 35 are interested compared to 78% of those aged 55+.

Comments »

Pages:«12345»

COVID-19 RESEARCH

Read Essential's ongoing research on the public response to Covid-19.

Download this week's Report

Sign up for updates

Receive the Essential Report in your inbox.
  • This field is for validation purposes and should be left unchanged.