budget, Budget Surplus, ER, Essential Report, Federal Budget, Federal Budget Surplus, Federal Government, poll, Polling, surplus
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.
Budget Surplus, EMC, ER, Essential Media, Essential Report, Federal Budget, Greens, Labor, Liberal, Nationals, Polling, polls, surplus
Q. In order to meet 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 | 63% | 79% | 51% | 77% |
Reduce tax breaks for high income earners | 51% | 57% | 46% | 67% |
Cut “middle class welfare” such as the Baby Bonus, first home buyers grant and Family Tax Benefit payments | 36% | 33% | 41% | 39% |
Reduce defence spending | 32% | 36% | 26% | 51% |
Cut spending on unemployment and disability benefits | 21% | 15% | 31% | 11% |
It does not need to return to surplus so quickly | 38% | 39% | 36% | 57% |
Overall, the most favoured means of returning the budget to surplus were increasing taxes for big corporations (63%) and reducing tax breaks for high income earners (51%). Both these measures were strongly favoured by Labor and Greens voters.
Although support was less strong, these two measures were also the most preferred among Liberal/National voters.
Note, although 38% 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.