Polling: Stage 3 Tax Cuts and Election Promises
The Australia Institute surveyed a nationally representative sample of 1,017 Australians about their attitudes on the Stage 3 tax cuts, restructuring or scrapping the cuts, and views on the importance of keeping election promises.
The survey took place from Tuesday 23 January 2024 to Monday 29 January 2024, on Thursday 25 January the Prime Minister officially announced changes to the stage 3 tax cuts.
The results show that:
- Two in three Australians (65%) think it is more important to adapt economic policy to suit the changing circumstances even if that means breaking an election promise, than keep an election promise regardless of how economic circumstances have changed. Majority support is observed across all age groups, genders, voting intentions, and large states.
- Nearly six in 10 Australians (58%) prefer for the Stage 3 tax cuts to be restructured so middle and low-income earners receive more.
- Restructuring the stage 3 tax cuts is the most preferred option across all age groups, genders, voting intentions, and large states.
- One in six (16%) Australians would prefer to keep the Stage 3 tax cuts in their current form than scrap or restructure them, this includes only one in four (25%) Coalition voters and one in three (32%) people earning over $200,000.