Budget compared to last year’s

May 19, 2015

Q. Do you think this budget is better or worse than last year’s budget?

  Total

 

  Vote Labor Vote Lib/Nat Vote Greens Vote other
Total better 45% 39% 65% 28% 43%
Total worse 15% 21% 6% 33% 20%
Much better 11% 7% 23% 1% 4%
A little better 34% 32% 42% 27% 39%
About the same 31% 35% 25% 31% 30%
A little worse 10% 12% 5% 21% 14%
Much worse 5% 9% 1% 12% 6%
Don’t know 9% 5% 4% 7% 7%

45% think this year’s budget is better than last year’s and 15% think it is worse. 31% think it is about the same.

Those most likely to think it is better were Liberal/National voters (65%) and respondents aged 55+ (63%).

Impact of Federal Budget

May 19, 2015

Q. In general, do you think the Federal Budget, announced on Tuesday 12th May 2015 will be good or bad for?

  Total good Total bad

 

  Very good Good Neither good nor bad Bad Very bad Don’t know   2014 good 2014 bad
You personally 15% 28% 3% 12% 48% 19% 9% 9% 13% 52%
Average working people 22% 27% 3% 19% 41% 20% 7% 11% 14% 59%
Australian business 36% 23%
Small businesses 66% 6% 22% 44% 18% 4% 2% 11%
Big businesses 34% 10% 12% 22% 42% 8% 2% 16%
The economy over all 30% 22% 5% 25% 37% 16% 6% 11% 40% 32%
People who are well off 36% 14% 13% 23% 39% 12% 2% 11% 45% 16%
People on lower incomes 22% 34% 3% 19% 33% 21% 13% 11% 11% 66%
Australian families 29% 27% 5% 24% 34% 19% 8% 11% 11% 62%
Older Australians 20% 34% 3% 17% 35% 23% 11% 11% 10% 66%
Younger Australians 21% 29% 3% 18% 37% 20% 9% 13% 16% 55%

Two thirds (66%) of respondents think the budget will be good for small businesses.

Respondents also thought the budget was more likely to be good for big businesses (34% good/10% bad), the economy overall (30%/22%) and people who are well off (36%/14%).

Compared to last year’s budget, this year’s budget was considered better (or less bad) for all groups except the economy overall where good has dropped from 40% to 30% – and bad has dropped similarly, from 32% to 22%. For all groups, those who say the budget will be neither good nor bad has increased.

Statements about the budget

May 19, 2015

Q. Please indicate whether – in general – you agree with the following statements about the Federal budget that was handed down on Tuesday 12th May.

  Total agree Total dis-

agree

 

  Strongly agree Agree Neither Dis-

agree

Strongly dis-

agree

Don’t know
Overall, the budget is fair and balanced 28% 32% 4% 24% 28% 21% 11% 12%
This budget does not do enough to reduce the deficit 37% 18% 10% 27% 30% 15% 3% 14%
This was the budget Australia needs at this time 28% 31% 4% 24% 28% 19% 12% 14%
This budget favours businesses over workers 47% 12% 16% 31% 28% 10% 2% 13%
This budget fixes the problems in last year’s budget 20% 37% 3% 17% 29% 26% 11% 14%
This budget is more about improving the Government’s popularity than improving the economy 50% 19% 22% 28% 20% 13% 6% 11%

About half the respondents agree that the budget is “more about improving the Government’s popularity than improving the economy” (50%) and that the budget “favours businesses over workers” (47%). They were also more likely to think that the budget “does not do enough to reduce the deficit” (37% agree/18% disagree).

They were more likely to disagree that “this budget fixes the problems in last year’s budget” (20% agree/37% disagree) but split over whether the budget is “fair and balanced” or is “the budget Australia needs at this time”.

Budget Emergency

May 19, 2015

Q. Some people say that there is a “budget emergency” in Australia. Which of the following is closest to your view?

  Total

 

  Vote Labor Vote Lib/Nat Vote Greens Vote other   May 2014
I agree that there is a ‘budget emergency’ in Australia, and I believe that the recently announced budget changes will help bring the budget back into line. 19% 9% 39% 1% 8% 32%
I agree that there is a ‘budget emergency’ in Australia, but I don’t think the recently announced budget changes will help bring the budget back into line. 32% 34% 32% 26% 42% 24%
I do not believe we have a budget emergency in Australia 30% 40% 19% 54% 31% 32%
Don’t know 19% 17% 10% 19% 19% 11%

Overall, 51% of Australians agree that there is a budget emergency – down 5% since this time last year.

19% agree that there is a budget emergency and that the recent budget will help bring the budget back into line – down 13%. 32% (up 8%) agree that there is a budget emergency, but that the recent budget will not bring the budget back into line.

30% (down 2%) do not believe there is a budget emergency.

Labor (40%) and Greens (54%) voters were more likely to think that we do not have a budget emergency in Australia.

Government financial actions

Oct 14, 2014

Q. The government is considering savings and taxing options to pay for the war in Iraq, lower commodity prices and its inability to pass savings from its May budget this year. Would you approve or disapprove of the following actions it might take?

 

Total approve

Total dis-approve

 

Strongly approve

Approve

Dis-approve

Strongly dis-approve

Don’t know

Higher corporate tax

68%

22%

26%

42%

15%

7%

10%

Abandon its paid parental leave scheme

56%

31%

31%

25%

17%

14%

12%

Cuts to tax concessions in areas like superannuation

21%

67%

4%

17%

33%

34%

13%

Higher income taxes

21%

69%

5%

16%

31%

38%

10%

Cuts to social services, health or education

12%

81%

2%

10%

26%

55%

7%

A majority approve of higher corporate tax (68%) and abandoning the paid parental leave scheme (56%) to pay for the war in Iraq, lower commodity prices and the Government’s inability to pass savings from its May budget this year.

A majority would disapprove of cuts to social services, health or education (81%), higher income taxes (69%) and cuts to tax concessions in areas like superannuation (67%).

Budget surplus

Nov 26, 2012

Q. In order to keep to 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

59%

70%

51%

65%

Reduce tax breaks for high income earners

46%

51%

41%

62%

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

43%

42%

48%

52%

Reduce defence spending

38%

40%

33%

70%

Postpone building the NBN

27%

18%

42%

14%

Cut spending on unemployment and disability benefits

26%

20%

36%

17%

Postpone other infrastructure projects like new roads and highways

12%

12%

13%

12%

Measures most supported by respondents in order to keep the commitment to the 2012-13 budget surplus are increasing taxes for big corporations (59%), reducing tax breaks for high income earners (46%) and cutting ‘middle class welfare’ (43%).

Looking at the results by voting intention, the majority of Lib/Nat voters support increasing taxes for big corporations (51%).  Labor voters are most in favour of increasing taxes for big corporations (70%) and reducing tax breaks for high income earners (51%).  Greens voters are most inclined to support reducing defence spending (70%) and increasing taxes for big corporations (65%).

Will the Budget solve our two speed economy?

May 15, 2012


Paul Bastian welcomes the tax on mining profits and the Government’s continued commitment to manufacturing.

It’s no secret that the mining boom has pushed the dollar sky high and caused problems for manufacturers. But Paul Bastian believes the Government is right to be investing in the future and promoting maths and science.

He tells 3Q that innovation in manufacturing is the key to the future and it must be protected at all costs.

Interest in Federal Budget

May 14, 2012

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

 

2009

2010

2011

2012

Total a lot/some

66%

53%

52%

54%

Total a little/none

31%

44%

45%

43%

A lot

29%

18%

19%

20%

Some

37%

35%

33%

34%

A little

25%

29%

31%

31%

None

6%

15%

14%

12%

Can’t say

3%

3%

2%

3%

Just over half (54%) of respondents said they paid a lot or some attention to the Federal Budget. This is much the same as the corresponding figure of 52% for last year’s budget.

Those most interested were Liberal/National voters (61%), Labor voters (59%) and people aged 55+ (64%). Only 42% of respondents aged 18-34 paid a lot or some attention to the budget.

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