The 2015 Australian Federal Budget was the eight in a row which contained a budget deficit. The deficit grew 7% to $37.4 billion. A $4.4 billion family aid package, a $5.5 billion small business package and slowing mineral exports were the largest contributors to the increased deficit. The largest cuts were made to foreign aid which decreased by 29% from 2014. Proponents of deficit reduction argue that governments who do not control budget deficits and debt are at risk of losing their ability to borrow money at affordable rates. Opponents of deficit reduction argue that government spending would increase demand for goods and services and help avert a dangerous fall into deflation, a downward spiral in wages and prices that can cripple an economy for years.
Statistics are shown for this demographic
Voting for candidate
Local Government Area
Response rates from 484k Australia voters.
43% Yes |
57% No |
39% Yes |
42% No |
4% Yes, but by drastically reducing the benefits and salaries of government officials |
7% No, increase taxes on large multinational corporations instead |
1% Yes, and eliminate federal agencies that are unconstitutional |
2% No, cuts to public spending will negatively affect the economy |
0% Yes, and increase taxes |
2% No, increase taxes on the wealthy instead |
2% No, reduce military spending instead |
|
2% No, focus on ending tax evasion instead |
|
1% No, reduce the number of government officials instead |
Trend of support over time for each answer from 484k Australia voters.
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Trend of how important this issue is for 484k Australia voters.
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Unique answers from Australia voters whose views went beyond the provided options.
@B24NFRJ1wk1W
No, and do the following
- decrease benefits and salaries of upper echelon of politicians
- reduce military spending
- increase taxes to the wealthy
- increase taxes on large multinationals corporations
- focus on ending tax evasion in the wealthy. Ending tax evasions in lower income earners will be a drain on resources and not a good roi
@9ZNMKQB1mo1MO
Public spending is key to the economy and focus should instead be placed on ending tax evasion and cutting down on any and all means of financial loopholes.
@9WY6V9W2mos2MO
No, defund military and fund diplomacy and foreign aid; focus on ending tax evasion; increases taxes on wealthy and large multinational corporations; and end the tax-free status of the mining industry/stop wasting money on new mines
@9TQ6P2F3mos3MO
No, crack down on tax evasion, and increase taxes on the wealthy, and medium and large corporations instead
@9PLHYF26mos6MO
Reduce foreign aid spending. Focus on gettting Australia back on track first before we end up being another 3rd world country.
@9KLH3C710mos10MO
No, reduce military spend, focus on ending tax evasion from the top 10%, increase the tax on wealthy individuals and corporations
@9DB25DH1yr1Y
No, reform the tax code and cut the submarine deal
@8D84DB94yrs4Y
No, reduce military spending, and tax the rich and corporations
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