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Support for Levy on Financial Transactions

7 May 2012

Q. A number of governments around the world and international organisations have argued for a financial transactions tax  – which is a small levy on large transactions of currencies, bonds and shares which could raise 480 billion euros (about $600 billion) globally. The idea behind this levy is that this would be a good way for the banking sector to contribute back to society for their part in the financial crisis.

Would you support or oppose such a levy?

 

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Total support

59%

66%

57%

63%

Total oppose

16%

12%

22%

10%

Strongly support

20%

26%

15%

21%

Support

39%

40%

42%

42%

Oppose

10%

7%

13%

7%

Strongly oppose

6%

5%

9%

3%

Don’t know

25%

22%

21%

27%

 

59% supported the idea of a levy on large financial transactions and 16% opposed.

A majority of all demographic and voter groups supported the concept. Highest support came from Labor voters (66%) and men (65%).

 

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