Return to Surplus

Nov 28, 2011

Q. Do you think it is more important for the Government to return the budget to surplus by 2012/13 as planned – which may mean cutting services and raising taxes – OR should they delay the return to surplus and maintain services and invest in infrastructure?

April 4 Total Vote Labor Vote Lib/Nat Vote Greens
Return to surplus by 2012/13, cut services, raise taxes 14% 13% 13% 19% 7%
Delay return to surplus, maintain services, invest in infrastructure 69% 71% 76% 68% 82%
Don’t know 17% 15% 11% 13% 11%

13% support the return to surplus by 2012/13 if it means cutting services and raising taxes and 69% think the Government should delay the return to surplus and maintain services and investment. Opinions are unchanged since this question was asked in April.

No more than 19% of any demographic or voter group supported the return to surplus by 2012/13.

Comments »

Measures Government should take to Return to Surplus

Nov 28, 2011

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.

Comments »

Federal Budget Surplus

Apr 4, 2011

Q. Do you think it is more important for the Government to return the budget to surplus by 2012/13 as planned – which may mean cutting services and raising taxes – OR should they delay the return to surplus and maintain services and invest in infrastructure?

Total Vote Labor Vote Lib/Nat Vote Greens
Return to surplus by 2012/13 14% 16% 16% 9%
Delay return to surplus 69% 72% 70% 72%
Don’t know 17% 12% 13% 19%

69% support delaying the return to surplus if it means cutting services and raising taxes – while 14% think it is more important to return to surplus by 2012/13.

78% of those aged 45+ support delaying the return to surplus.

Comments »