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 »

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.

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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.

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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 »

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