Opinion of Mining Tax

Apr 23, 2012

Q. Do you approve or disapprove of the proposed mining tax (called the Minerals Resource Rent Tax) on large profits of mining companies?

 

12 Jul 2010

5 Sep 2011

21 Nov

20 Feb 2012

12 Mar 2012

Total

Vote Labor

Vote Lib/Nat

Vote Greens

Total approve

50%

46%

51%

55%

52%

51%

77%

35%

77%

Total disapprove

28%

34%

33%

28%

34%

29%

8%

50%

7%

Strongly approve

13%

18%

18%

23%

20%

19%

36%

8%

41%

Approve

37%

28%

33%

32%

32%

32%

41%

27%

36%

Disapprove

18%

18%

20%

17%

22%

20%

6%

33%

7%

Strongly disapprove

10%

16%

13%

11%

12%

9%

2%

17%

Don’t know

22%

19%

15%

17%

14%

20%

16%

15%

16%

51% approve the Government’s proposed mining tax and 29% disapprove. This represents a strengthening in support over the last 6 weeks (from net +18% to net +22%).

Labor voters (77%) and Greens voters (77%) strongly support the tax – but Liberal/National voters disapprove 50% to 35%.

Comments »

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”. Comments »

Australia’s economy

Apr 6, 2010

Q. How important are each of the following for Australia to have a strong economy?

  Very important Somewhat important Not so important Don’t know
Low inflation 43% 42% 5% 10%
Low unemployment rate 57% 33% 3% 6%
Increased company profits 17% 46% 26% 11%
Low interest rates 38% 43% 10% 9%
A reduction in Government spending 35% 38% 19% 9%
Higher GDP 27% 41% 6% 26%
Increasing share prices 20% 40% 23% 16%
Increased wages for workers 30% 48% 15% 7%

Over half (57%) of those surveyed think that low unemployment rates is a very important for Australia to have a strong economy, 43% think low inflation is very important and 38% think low interest rates are very important. 

Labor voters were more likely to think that increased wages for workers are very important for Australia to have a strong economy (36%).  

Coalition voters were more likely to think that increased company profits (22%), a reduction in Government spending (48%) and an increasing in share prices (23%) are very important for Australia to have a strong economy. 

There were no substantial differences amongst the various demographic groups.  Comments »