RSPT

Jun 15, 2010

Q. Which of the following statements is closest to your view in relation to the Government’s proposed resources super profits tax?

Total Vote Labor Vote Lib/Nat
The new tax will result in mining companies cutting back on their investments in Australia and there will be a significant loss of Australian jobs 42% 16% 72%
Mining companies will continue to make large profits. They are just trying to avoid paying their fair share of tax. 40% 69% 16%
Don’t know 17% 15% 11%

Respondents were split over which statement best described their view of the Government’s proposed resources super profits tax – 42% agreed “the new tax will result in mining companies cutting back on their investments in Australia and there will be a significant loss of Australian jobs” and 40% agreed “mining companies will continue to make large profits. They are just trying to avoid paying their fair share of tax”.

Opinions were strongly related to party preference – 69% of Labor voters agreed that “mining companies will continue to make large profits. They are just trying to avoid paying their fair share of tax” and 72% of Liberal/National voters agreed that “the new tax will result in mining companies cutting back on their investments in Australia and there will be a significant loss of Australian jobs”.

53% of those on low incomes (<$600pw) agreed that “mining companies will continue to make large profits. They are just trying to avoid paying their fair share of tax”.