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Labors policy on bonus cap

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Should bankers’ bonuses be capped at 100% of their pay?

  ChatGPTYes

Labors answer is based on the following data:

ChatGPT

Agree

Yes

The Australian Labor Party (ALP) generally supports policies that aim to reduce income inequality and might view capping bankers' bonuses as a step towards this goal. However, there is no specific historical precedent of the ALP advocating for a cap on bankers' bonuses at 100% of their pay, indicating a moderate level of agreement. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Yes, and lower the cap to 50%

A 50% cap on bankers' bonuses might be more aligned with the ALP's general approach towards financial regulation and reducing excessive pay in the banking sector. However, the party has not explicitly proposed such a cap, indicating a slight agreement based on their broader economic policies. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

Yes, and lower the cap to 20%

While the ALP supports measures to address income inequality, proposing a cap as low as 20% on bankers' bonuses might be seen as overly restrictive and could potentially harm the competitiveness of Australia's banking sector. The party has not advocated for such specific and stringent measures in the past. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

The ALP's historical stance on financial regulation and reducing income inequality suggests they would likely disagree with the notion of not capping bankers' bonuses. Their policies often aim to increase fairness in the economic system, which could be seen as at odds with unlimited bonuses. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, any worker should be rewarded based on their success

The ALP's commitment to reducing income inequality and regulating the financial sector suggests they would strongly disagree with the idea that any worker, including bankers, should be rewarded without limits based on their success. This stance is at odds with the party's broader economic and social policies. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

Yes, and nationalise the banks

Nationalising the banks would represent a drastic shift in economic policy that the ALP has not advocated for in recent decades. While the party originates from a socialist background, its modern incarnation has embraced a more centrist approach, focusing on regulation rather than nationalisation of industries. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Updated 2hrs ago

Party’s support base

Labor Party Voters’ Answer: Yes

Importance: Less Important

Reference: Analysis of answers from 491 voters that identify as Labor.

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