The Essential Report Archive Read the latest report

  • Apr, 2012

    , , , , , , , , , , , ,

    Measures to Return to Surplus

    Q. In order to meet their commitment to return to surplus in 2012-13, which measures should the Government take?

    Total

    11/4/11

    Total 10/4/12

    Vote Labor

    Vote Lib/Nat

    Vote Greens

    Increase taxes for big corporations

    63%

    67%

    81%

    55%

    80%

    Reduce tax breaks for high income earners

    51%

    57%

    65%

    52%

    71%

    Postpone major infrastructure projects like the NBN

    na

    41%

    29%

    58%

    19%

    Reduce defence spending

    32%

    38%

    42%

    30%

    64%

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

    36%

    36%

    37%

    38%

    36%

    Cut spending on unemployment and disability benefits

    21%

    23%

    18%

    32%

    12%

    It does not need to return to surplus so quickly

    38%

    63%

    67%

    66%

    58%

    Overall, the most favoured means of returning the budget to surplus were increasing taxes for big corporations (67%) and reducing tax breaks for high-income earners (57%). Both these measures were strongly favoured by Labor and Greens voters.

    Although support was less strong, these two measures were also two of the three the most preferred among Liberal/National voters – 58% think the Government should postpone major infrastructure projects like the NBN.

    The main changes since this question was asked 12 months ago are increases in support for reducing tax breaks for high-income earners (up 6%) and reducing defence spending (up 6%).

    Note, although 63% 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.

    Comments »

Error: