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  • Apr, 2020

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    Tax reforms to reduce debt from Covid-19

    Q. To what extent do you support or oppose the following suggested tax reforms to help reduce any debt Australia may have, as a result of the Covid-19 stimulus packages?

      NET: Support NET: Oppose Strongly support Somewhat support Neither support nor oppose Somewhat oppose Strongly oppose
    Prevent companies who are registered in offshore tax havens (such as Switzerland) from accessing Covid-19 government support 64% 9% 43% 20% 20% 5% 4%
    Simplify the taxation system to a flat tax rate 43% 18% 16% 27% 27% 10% 8%
    Removal of franking credits 32% 16% 15% 17% 27% 10% 16%
    Removal of negative gearing 32% 25% 14% 19% 30% 12% 13%
    Implement a tax on the value of property or money passed on when someone dies 18% 49% 5% 12% 22% 16% 33%

     

    NET: Support   Gender Age Group
    Total Male Female 18-34 35-54 55+
    Prevent companies who are registered in offshore tax havens (such as Switzerland) from accessing Covid-19 government support 64% 66% 61% 48% 61% 80%
    Simplify the taxation system to a flat tax rate 43% 48% 38% 40% 39% 48%
    Removal of franking credits 32% 36% 28% 36% 32% 28%
    Removal of negative gearing 32% 36% 22% 34% 32% 32%
    Implement a tax on the value of property or money passed on when someone dies 18% 23% 13% 27% 17% 10%
    Base (n) 1,054 526 528 343 332 379
    • Participants most support preventing companies who are registered in offshore tax havens from accessing Covid-19 government support (64%) and are least supportive of implementing an inheritance tax (18%) to reduce any debt as a result of the Covid-19 stimulus.
    • Those aged over 55 are most likely to oppose removal of franking credits (39%), negative gearing (33%) and inheritance tax (63%), however they are most likely to support preventing companies registered in offshore tax havens from accessing Covid-19 government support, (80%).
  • Apr, 2020

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    Institutions which consider public safety

    Q. With regards to the impact of the Covid-19 outbreak, to what extent do you think the following institutions consider the safety of the public when making business decisions?

      Will always act in their own interests, even if it endangers people or is detrimental to the public Will act in their own interests as long as it does not endanger people or is detrimental to the public Will prioritise the safety of the people and the public’s best interests Unsure
    Cruise line companies 41% 29% 13% 17%
    The big four banks 33% 39% 14% 14%
    Insurance companies 32% 38% 13% 17%
    Real estate agencies 29% 38% 16% 17%
    Sporting administrators 26% 37% 21% 16%
    Pharmaceutical companies 18% 38% 31% 14%
    Small banks (excluding CBA, NAB, ANZ and Westpac) 17% 48% 20% 15%
    Super funds 17% 40% 23% 20%
    Supermarkets 15% 38% 36% 11%
    Aged care facilities 14% 32% 39% 14%
    • 41% of participants believe that cruise line companies will always act in their own interests, even if it endangers people or is detrimental to the public; while only 14% say the same is true for aged care facilities.
    • 48% of participants believe that small banks (excluding CBA, NAB, ANZ and Westpac) will act in their own interests as long as it does not endanger people or is detrimental to the public – compared to 39% saying the same for the big four banks.
  • Apr, 2020

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    Specific covid-19 concerns

    Q. To what extent are you concerned about these possible impacts of the Covid-19?

    NET: CONCERNED (VERY/SOMEWHAT) 20/04 13/04
    The Australian economy as a whole 87% 85%
    General unemployment if companies are forced out of business 83% 79%
    The physical health of close family members 74% 73%
    The impact on my superannuation, savings or investments 67% 63%
    My close family members’ mental health 64% 61%
    My physical health and catching the virus 64% 62%
    My economic situation if I lose my job or have less work 59% 58%
    My ability to buy food and essential items if stores run out 58% 58%
    Children’s development by missing out on school 56% 52%
    My mental health as a result of social distancing 50% 47%
    Base (n) 1,051 1,068
    • Economic issues are seen as most concerning when thinking about the consequences of the Covid-19 crisis. 87% say they are concerned (very/somewhat) about the economy as a whole and 83% are concerned about general unemployment.
    • Those aged 18-34 were more likely than other age groups to be concerned about the impact on their mental health (67% to 43%), and that of their families (74% to 601%).
    • Concern for children is highest among those in households with dependent children (62% are very or somewhat concerned).
  • Apr, 2020

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    Reaction to Covid-19

    Q. Which of the following is closer to your personal views of the Covid-19 outbreak?

      20/04 13/04 06/04 29/03 22/03
    There has been an over-reaction to the threat of Covid-19 14% 13% 17% 18% 33%
    The response to the threat of Covid-19 is about right 63% 59% 46% 39% 39%
    The threat of Covid-19 has been under-estimated 24% 29% 37% 43% 28%
    Base (n) 1,051 1,068 1,069 1,086 1,034

     

        Gender Age Group
      Total Male Female 18-34 35-54 55+
    There has been an over-reaction to the threat of Covid-19 14% 16% 11% 23% 10% 9%
    The response to the threat of Covid-19 is about right 63% 58% 67% 56% 64% 67%
    The threat of Covid-19 has been under-estimated 24% 26% 22% 21% 26% 24%
    Base (n) 1,051 525 526 341 325 385
    • The proportion of people judging the response to the Covid-19 outbreak has been steadily increasing for the past four weeks and has now reached 63% (up from 39% last month).
  • Apr, 2020

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    Economic expectations

    Q. Which of the following is closer to your expectations of what will happen to the economy following the Covid-19 situation?

      20/04 13/04 06/04
    The economy will rebound within 2-3 months and grow just as strong or stronger than before Covid-19 11% 12% 11%
    The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter 47% 49% 51%
    Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession 30% 27% 29%
    Unsure 11% 11% 9%
    Base (n) 1,051 1,068 1,069

     

        Gender Age Group
    Total Male Female 18-34 35-54 55+
    The economy will rebound within 2-3 months and grow just as strong or stronger than before Covid-19 11% 14% 9% 17% 9% 9%
    The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter 47% 45% 48% 48% 45% 47%
    Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession 30% 30% 31% 22% 34% 35%
    Unsure 11% 12% 11% 13% 12% 10%
    Base (n) 1,051 525 526 341 325 385
    • Economic expectations are similar to last week, with just under half of people (47%) thinking Covid-19 will impact the economy for up to a year, with slow growth following.
  • Apr, 2020

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    Government response to Covid-19

    Q. Overall, how would you rate the Government’s response to the Covid-19 outbreak?

      20/04 13/04 06/04 29/03 22/03
    Very poor 5% 6% 6% 11% 9%
    Quite poor 10% 12% 15% 21% 20%
    Neither good, nor poor 21% 20% 21% 24% 26%
    Quite good 42% 40% 37% 34% 33%
    Very good 23% 23% 21% 11% 12%
    NET: Poor 15% 17% 21% 31% 29%
    NET: Good 65% 63% 58% 45% 45%
    Base (n) 1,051 1,068 1,069 1,086 1,034

     

      Gender Age Group Location
      Total Male Female 18-34 35-54 55+ Capital Non-Capital
    Very poor 5% 7% 2% 6% 5% 3% 5% 5%
    Quite poor 10% 11% 9% 17% 8% 6% 11% 8%
    Neither good, nor poor 21% 19% 22% 25% 24% 13% 20% 22%
    Quite good 42% 40% 43% 38% 43% 43% 42% 40%
    Very good 23% 23% 23% 13% 20% 35% 22% 25%
    NET: Poor 15% 18% 12% 23% 13% 9% 16% 13%
    NET: Good 65% 63% 67% 51% 63% 78% 65% 65%
    Base (n) 1,051 525 526 341 325 385 722 329
    • The perception that the Government remains high, with 65% now thinking the Government has done a good job (Very/somewhat) in handling the crisis.
  • Apr, 2020

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    State Government response to Covid-19

    Q. How would you rate your state government’s response to the Covid-19 outbreak?

      20/04 13/04
    Very poor 5% 5%
    Quite poor 9% 11%
    Neither good, nor poor 20% 20%
    Quite good 39% 38%
    Very good 26% 23%
    NET: Poor 14% 17%
    NET: Good 66% 63%
    Base (n) 1,051 1,068

     

        State
      Total NSW VIC QLD SA WA  
    Very poor 5% 5% 6% 3% 3% 4%  
    Quite poor 9% 12% 5% 11% 8% 7%  
    Neither good, nor poor 20% 21% 20% 23% 23% 12%  
    Quite good 39% 37% 38% 47% 43% 34%  
    Very good 26% 24% 32% 16% 23% 43%  
    NET: Poor 14% 17% 11% 14% 11% 11%  
    NET: Good 66% 61% 69% 63% 66% 77%  
    Base (n) 1,051 322 275 216 88 106  
    • Nationally, the perception of state governments’ handling of the crisis in in line with government, with 66% rating their own state’s handling as Very/Quite good (compared to 65%).
    • In the past week the rating in Queensland has increased from 52% to 63%, while Victoria has fallen from 76% to 69%. Western Australia and Victoria remain the states with the highest rating.
  • Apr, 2020

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    Easing Restrictions

    Q. When do you think governments should start to ease the restrictions on travel and gatherings to allow offices, shops, restaurants, other workplaces and public spaces to start operating again?

        Age Group Employment Status
      Total 18-34 35-54 55+ In paid employment Not in paid employment Retired
    As soon as possible 9% 17% 7% 4% 11% 10% 3%
    Within the next 1 to 2 weeks 6% 9% 3% 5% 7% 5% 4%
    Within the next month 14% 15% 13% 13% 14% 15% 10%
    By the end of next month 13% 13% 12% 15% 13% 13% 16%
    It is too soon to consider easing restrictions 49% 37% 51% 56% 48% 40% 63%
    Unsure 10% 8% 14% 6% 8% 16% 4%
    Base (n) 1,051 341 325 385 533 268 202

     

        State
      Total NSW VIC QLD SA WA  
    As soon as possible 9% 11% 8% 9% 8% 7%  
    Within the next 1 to 2 weeks 6% 5% 7% 6% 5% 5%  
    Within the next month 14% 15% 14% 13% 12% 12%  
    By the end of next month 13% 14% 13% 15% 14% 14%  
    It is too soon to consider easing restrictions 49% 44% 53% 46% 48% 54%  
    Unsure 10% 11% 6% 12% 14% 9%  
    Base (n) 1,051 322 275 216 88 106  
    • Half of people think it is too soon to consider lifting restrictions. 29% think restrictions should be lifted within the next month (9% as soon as possible, 6% within the next fortnight and 14% within the next month).
    • Those most likely to want an immediate easing of restrictions are aged 18-34 (17%), those in paid employment (11%) and people with a high household income (Over $104k p/a, 14%).
    • People who are retired (63%) and residents of Victoria (53%) and WA (54%) are most likely to think it too soon to lift restrictions.
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