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Science Party

The Science Party believes that technological development is a positive force in human affairs and values the cultural,…

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Science’s policies on economic issues

These issues below are sorted in descending order based on how important the average Australian voter ranked them on the quiz.

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the Economy  ›  Equal Pay

Should employers be required to pay men and women the same salary for the same job?

  ChatGPTYes

the Economy  ›  Taxes

Should the government raise taxes on the rich?

  ChatGPTLower the income tax rate and remove all existing tax loopholes for large corporations

the Economy  ›  Minimum Wage

Should the government raise the federal minimum wage?

  ChatGPTYes, and adjust it every year according to inflation

the Economy  ›  Sunday Double Wages

Should workers continue to be paid double wages on Sunday?

  ChatGPTNo

the Economy  ›  Economic Stimulus

Should the government use economic stimulus to aid the country during times of recession?

  ChatGPTYes, the government should intervene to boost a recovery

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the Economy  ›  Four-day Workweek

Should Australia transition to a four-day workweek?

  ChatGPTYes, and require overtime pay for work over four days per week

the Economy  ›  Mining Water Use

If their projects involve water, should coal companies be subject to additional government regulations?

  ChatGPTYes

the Economy  ›  Universal Basic Income

Do you support a universal basic income program?

  ChatGPTYes

the Economy  ›  Welfare Drug Testing

Should welfare recipients be tested for drugs?

  ChatGPTNo, this is a waste of time and money

the Economy  ›  Welfare

Should there be fewer or more restrictions on current welfare benefits?

  ChatGPTFewer, and ensure benefits go to those that need it most

the Economy  ›  Corporate Tax

Should Australia raise or lower the tax rate for corporations?

  ChatGPTIncrease for large multinational corporations but lower for small businesses

the Economy  ›  Turnball Tax Cut

Do you support Malcolm Turnbull’s $50 billion corporate tax cut?

  ChatGPTNo, these tax cuts will only benefit higher income citizens

the Economy  ›  National Broadband Network

Should the Australian government continue to invest billions of dollars into the development of the National Broadband Network?

  ChatGPTYes, a national high-speed fibre optic network is crucial for the future of Australia's economy

the Economy  ›  Negative Gearing

Should the government ban negative gearing?

  ChatGPTYes, the government will save over $4 billion per year in lost taxes

the Economy  ›  Labor Unions

Do you believe trade unions help or hurt the economy?

  ChatGPTHelp

the Economy  ›  Government Spending

Should the government make cuts to public spending in order to reduce the national debt?

  ChatGPTNo, focus on ending tax evasion instead

the Economy  ›  Rent Tax

Do you support an increase in the mineral resources rent tax?

  ChatGPTYes, close loopholes and increase mining taxes

the Economy  ›  Domestic Jobs

Should the government provide tax incentives to private companies to keep jobs within the country?

  ChatGPTYes, and drastically increase taxes and import tariffs on outsourcing businesses

the Economy  ›  Inflation

Has the government done enough to lower inflation?

  ChatGPTNo

the Economy  ›  Farm Subsidies

Should the government subsidise Australian farmers?

  ChatGPTYes, but only for organic farms

the Economy  ›  Bonus Cap

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

  ChatGPTNo, any worker should be rewarded based on their success

the Economy  ›  Government Pensions

Should pension payments be increased for retired government workers?

  ChatGPTYes, adjust them yearly for cost of living

the Economy  ›  CEO Pay Cap

Should the government enforce a cap on CEO pay relative to the pay of their employees?

  ChatGPTNo

the Economy  ›  Offshore Banking

Should Australian citizens be allowed to save or invest their money in offshore bank accounts?

  ChatGPTYes, as long as offshore income is reported

the Economy  ›  Surcharge Ban

Should the government ban surcharges tacked onto concert tickets, cable bills, banking services, hotel bookings and other purchases?

  ChatGPTYes, all costs for a service should be included in the final purchase price

the Economy  ›  Tariffs

Should the government add or increase tariffs on products imported into the country?

  ChatGPTNo, a global free trade system is better for our businesses and consumers

the Economy  ›  Tech Monopolies

Should the government break up Amazon, Facebook and Google?

  ChatGPTNo

the Economy  ›  State Ownership

Should the government acquire equity stakes in companies it bails out during a recession?

  ChatGPTYes, the government should receive equity for any financial aid they provide to companies

the Economy  ›  Decentralised Finance

Should the technology of our financial system transition to a decentralized protocol, that is not owned or controlled by any corporation, similar to the internet?

  ChatGPTYes, but only if it’s truly decentralised and cannot be manipulated by any person, group, or government agency

the Economy  ›  Gig worker tax reporting

Should online payment platforms be forced to report all transactions over $600 to the IRS?

  ChatGPTNo, unless the transaction is considered income

the Economy  ›  Cryptocurrency

Should the government classify cryptocurrencies as legal forms of payment?

  ChatGPTNo, classify cryptocurrencies as highly regulated securities

the Economy  ›  ABCC

Should the government reinstate the Building and Construction Commission (ABCC)?

  ChatGPTNo, we should establish a national broad-based anti-corruption watchdog instead

the Economy  ›  Public Sector Borrowing

Should the government reduce public sector borrowing?

  ChatGPTNo

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