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Huge majorities of Australian Consumers (88%) & Businesses (77%) are worried about next week’s Federal Budget as Joe Hockey’s Budget rhetoric cuts through

Finding No. 5571 – This special combined Roy Morgan Nightly Business Pulse and Roy Morgan Nightly Consumer Pulse was conducted on May 8, 2014. This SMS poll was conducted with 1,244 Australian businesspeople and 1,891 Australian electors.

A special combined Roy Morgan Nightly Business Pulse and Roy Morgan Nightly Consumer Pulse survey conducted last night (May 8, 2014) shows large majorities of both Australian consumers (88%) and businesses (77%) overwhelmingly feel next week’s Federal Budget will not benefit them.

ROY MORGAN NIGHTLY CONSUMER PULSE

  • Despite it being a Liberal Government, 72% of Liberal supporters believe next week’s Federal Budget will not benefit them or their families compared to just 28% that say next week’s Federal Budget will benefit them.
  • ALP supporters were even more worried – 97% believe next week’s Federal Budget will not benefit them and their families and only 3% believe it will.
  • Greens supporters are as negative as ALP supporters – 97% say next week’s Federal Budget will not benefit them and their families and only 3% believe it will.
  • Similarly, 92% of supporters of Other parties say next week’s Federal Budget will not benefit them and their families and only 8% believe it will.

ROY MORGAN NIGHTLY BUSINESS PULSE

  • Micro businesses (under 5 employees) are the most negative on the Federal Budget with 80% saying it will not benefit their businesses and only 20% saying it will.
  • In contrast, Large businesses (200 employees+) are the most positive about the Federal Budget – but still a large majority (67%) say the Federal Budget will not benefit their businesses compared to only 33% that say it will.

Michele Levine, CEO Roy Morgan Research, says:

“A special combined Roy Morgan Nightly Business Pulse and Roy Morgan Nightly Consumer Pulse survey shows overwhelmingly that both Australian consumers (88%) and Australian businesses (77%) believe next week’s Federal Budget will not benefit them.

“In terms of Australian consumers, Liberal supporters are the most hopeful concerning the Federal Budget – 28% believe next week’s Budget will benefit them and their families compared to only 3% of ALP supporters and Greens supporters. However, this leaves a large majority of Liberal supporters (72%) saying next week’s Budget will not benefit them and their families and an almost unanimous 97% of ALP and Green supporters who also feel they will get no benefit out of the Treasurer Joe Hockey’s first Federal Budget.

“Although Australian businesses also clearly have a negative perception of next week’s Federal Budget – only 23% expect next week’s Budget to benefit their businesses, there is a clear differential between larger businesses of over 200 employees and smaller businesses. Nearly a third of larger businesses (32%) believe next week’s Budget will benefit their businesses compared to only 20% of micro businesses (under 5 employees), 24% of small businesses (5-19 employees) and 21% of medium businesses (20-199 employees).” 

Finding No. 5571 – This special SMS pre Federal Budget Morgan Poll was conducted on May 8, 2014. This SMS poll was conducted with 1,244 Australian businesspeople and 1,891 Australian electors.


About the Roy Morgan Nightly Business Pulse

Roy Morgan Nightly Business Pulse is available as an omnibus of up to 1,000 Business Panel Members via SMS all over Australia – if you need to take the ‘business pulse’ on any issue, be it of national interest or relevant only to your company, the Nightly Business Pulse will give you the answers the next day.

Questions received by 11am fielded same night, results delivered by noon day following. Prices start at $5,000 + GST. Enquiries (melbourne@roymorgan.com) or call 03 9629 6888


About the Roy Morgan Nightly Consumer Pulse

Roy Morgan Nightly Consumer Pulse is available as an omnibus up to 1,000 consumers aged 14+ via SMS all over  Australia – if you need to take the ‘pulse’ on any issue, be it of national interest or relevant only to your company, the Nightly Consumer Pulse will give you the answers the next day. 

Questions received by 11am fielded same night, results delivered by noon day following. Prices start at $1,500 + GST. Enquiries (melbourne@roymorgan.com) or call 03 9629 6888.

 

For further information:

Contact

Office

Mobile

Gary Morgan:     

+61 3 9224 5213  

+61 411 129 094

Michele Levine:     

+61 3 9224 5215  

+61 411 129 093


Margin of Error

The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. The following table gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. The figures are approximate and for general guidance only, and assume a simple random sample. Allowance for design effects (such as stratification and weighting) should be made as appropriate.

Sample Size

Percentage Estimate

40%-60%

25% or 75%

10% or 90%

5% or 95%

1,000

±3.2

±2.7

±1.9

±1.4

1,500

±2.6

±2.2

±1.5

±1.1

2,000

±2.2

±1.9

±1.3

±1.0

 


AUSTRALIAN BUSINESSES

 

Questions:

Pre-Budget: “Do you think the 2014 Federal Budget will benefit your business?”

Total

Micro
Business

Small
Business

Medium
Business

Large
Business

Can't
say

%

%

%

%

%

%

Yes

23

20

24

21

32

33

No

77

80

76

79

68

67

Total

100

100

100

100

100

100

Size of Business: Micro business (Under 5 people); Small business (5-19 people); Medium business (20-199 people);
Large business (200+ people). Asked May 8, 2014.

To be asked Post Budget: “Did tonight’s Federal Budget benefit your business?”


AUSTRALIAN CONSUMERS

Pre-Budget: “Do you think the 2014 Federal Budget will benefit you and your family?”

Voting Intention

 

ALP

Liberal

National

Greens

Other

Can’t say

Total

 

%

%

%

%

%

%

%

Yes

3

28

16

3

8

11

12

No

97

72

84

97

92

89

88

Total

100

100

100

100

100

100

100


Age & Gender

Gender

Age

Men

Women

18-24

25-34

35-49

50-64

65+

 

%

%

%

%

%

%

%

Yes

16

10

10

12

10

13

18

No

84

90

90

88

90

87

82

Total

100

100

100

100

100

100

100

To be asked Post Budget: “Did tonight’s Federal Budget benefit you and your family?”

Homepage image credit: Flickr/International Monetary Fund.