The Essential Report Archive Read the latest report

  • Dec, 2019

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    Last 12 months

    Q. Thinking about the last 12 months, has it been a good or bad year for each of the following?

      Total good Total bad NET   Very good Good Neither good nor bad Bad Very bad Don’t know   2018 NET
    The Australian cricket team 44% 10% +34   13% 32% 26% 6% 4% 12%   +2
    Large companies and corporations 41% 18% +23   10% 31% 31% 13% 5% 10%   +9
    You and your family overall 41% 22% +19   9% 32% 35% 15% 7% 3%   +28
    Your workplace 30% 16% +14   7% 23% 29% 10% 6% 23%   +28
    Your personal financial situation 30% 32% -2   6% 24% 35% 19% 13% 3%  
    The average Australian 27% 31% -4   7% 21% 37% 22% 9% 4%   -1
    The Australian Government 29% 36% -7   7% 22% 31% 22% 14% 5%   -41
    Trade unions 19% 30% -11   5% 14% 35% 21% 9% 10%   -2
    Small business 24% 36% -12   4% 20% 31% 27% 9% 9%   +6
    The Australian economy 25% 38% -13   5% 20% 31% 26% 12% 5%   +6
    Australian politics in general 21% 41% -20   5% 16% 32% 24% 18% 4%   -50
    The planet 20% 49% -29   6% 14% 27% 28% 21% 4%   -19
    • Participants believe that 2019 has been a good year for the Australian cricket team (+34, up from +2 in 2018), large companies and corporations (+23, up from +9 in 2018) and them and their families.
    • This year has been bad for the planet (-29, down 10pts from 2018) and Australian politics in general (-20).
    • Australian politics in general and the Australian Government have the greatest swing compared to 2018 with Australian politics in general up from -50 to -20 and the Australian Government up from -41 to -7.
    • The Australian economy also saw a large swing from 2018, dropping from +6 in 2018 to -13 in 2019; which is mirrored by small businesses (from +6 in 2018 to -12 in 2019).
    • Trade unions are similarly seen as having a bad year, falling from -2 in 2018 to -11 in 2019.
  • Oct, 2014

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    Tax paid by corporations

    Q. Do you think that making big corporations pay more tax would be good for the economy because it would increase Government revenue or bad for the economy because the companies would be less competitive?

     

    Total

     

     

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Vote other

    Good for the economy

    59%

    68%

    52%

    76%

    60%

    Bad for the economy

    17%

    13%

    26%

    8%

    20%

    Don’t know

    24%

    20%

    22%

    16%

    21%

    59% think that making big corporations pay more tax would be good for the economy and 17% think it would be bad.

    A majority of all voter groups thought it would be good for the economy – although Liberal/National voters were the most likely to think it would be bad for the economy (26%).

  • Jun, 2012

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    They Slashed Their Own Pay, Too, Didn’t They? NOT!!!

    You know how it goes–a company is in financial trouble, it slashes jobs to save money and, of course, the CEOs take a hit along with the regular workers. Slap, slap, slap–wake up! You’re not in Alice-in-Wonderland world. You’re in the real world, the wondrous “free market” where CEO salaries never go down, no matter how bad they screw up. Which brings us to the saga of the Sydney Morning Herald and The Australian.

    The Herald’s management announced it was going to sack–we prefer not using the Orwellian word “redundant”, since it has a way of making the whole thing sound so neutral and mild–1,900 people, for an alleged savings, along with other measures (principally, making people pay for access to the website) of $235 million by 2015. But, not a problem for chief executive Greg Hywood, who is not taking a financial hit and is doing quite well, thank you very much:

    Mr McCarthy’s replacement, Greg Hywood, got $1.5 million for his six months in the job last financial year, while he is now eligible for a bonus of 150 per cent of his $1.6 million base salary.

    Not to mention the deep pockets of one mining billionaire named Gina who is determined, we think, to wake up one shining day to be greeted with the banner headline “Sydney Mining Herald.”

    Not to be outdone in the shameless category, The Australian is going to slash 70 percent of its divisions–but somehow the Rupe found $2 billion to double his takes in Foxtel. But, have we heard of any cuts at all in Rupe’s pay ($33 million USD in 2011) or any of his other top underlings. We find out a little more of the life the Rupe leads, while he’s cutting the pay of others, from this wet-kiss profile of Wendi Deng (Murdoch) in The New York Times:

    She used to wash her clothes and face with the same soap, said a 2008 Vogue article, and seldom wore makeup, much less luxuriated in the perks of privilege — like the private yoga classes with her friends Kathy Freston and Arianna Huffington — she indulges in today. At Yale, she would stake out Filene’s Basement to procure designer gowns on the cheap. Today, she is regularly photographed wearing Rodarte and Prada.

    Mrs. Murdoch quickly and giddily embraced the trappings of great wealth. While her husband conducted business in various European capitals, she would travel with him and shop for glassware and cutlery and curtains to stock her new homes. In addition to their loft in SoHo, the Murdochs transformed an old hutong in Beijing into a courtyard oasis decorated with art by Chinese artists.

    So, there it is: cuts are paid because of “changing conditions” or “new markets” or “new realities” but the story remains the same. The rich rob the workers who create the wealth–and, when things get rocky, the only people taking it in the chin are the very people who had nothing to do with creating the mess.

    –Jonathan Tasini

  • Jun, 2012

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    Economic Reforms

    Q. Thinking about the major economic reform in Australia since the 1980s like floating the dollar, removing tariffs and privatisation of Government services like Telstra and utilities, who do you think has benefited most – ordinary Australians through higher incomes and more growth and jobs, or corporations through higher profits and less regulation?

     

    Total

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Ordinary Australians

    5%

    8%

    4%

    6%

    Corporations

    54%

    51%

    55%

    62%

    Both equally

    20%

    19%

    25%

    16%

    Don’t know

    21%

    22%

    17%

    16%

    54% thought that corporations have benefited most from Australia’s major economic reforms – only 5% think ordinary Australians have benefited most and 20% thought both had benefited equally.

    Those most likely to think corporations had benefited most were Greens voters (62%), aged 55+ (60%) and those on incomes under $600pw (61%).

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