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 9k Boroondara (C) voters.
43% Yes |
57% No |
39% Yes |
43% No |
3% Yes, but by drastically reducing the benefits and salaries of government officials |
6% No, increase taxes on large multinational corporations instead |
1% Yes, and eliminate federal agencies that are unconstitutional |
2% No, increase taxes on the wealthy instead |
0% Yes, and increase taxes |
2% No, reduce military spending instead |
2% No, focus on ending tax evasion instead |
|
2% No, cuts to public spending will negatively affect the economy |
|
1% No, reduce the number of government officials instead |
Trend of support over time for each answer from 9k Boroondara (C) voters.
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Trend of how important this issue is for 9k Boroondara (C) voters.
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Unique answers from Boroondara (C) voters whose views went beyond the provided options.
@B2SXP9S2wks2W
Yes, but ensure cuts in spending are done holistically and if it is not to the disadvantage of the service being cut.
@9TQ6P2F5mos5MO
No, crack down on tax evasion, and increase taxes on the wealthy, and medium and large corporations instead
@9PLHYF28mos8MO
Reduce foreign aid spending. Focus on gettting Australia back on track first before we end up being another 3rd world country.
@9KLH3C712mos12MO
No, reduce military spend, focus on ending tax evasion from the top 10%, increase the tax on wealthy individuals and corporations
@9DB25DH2yrs2Y
No, reform the tax code and cut the submarine deal
@8D84DB94yrs4Y
No, reduce military spending, and tax the rich and corporations
@B24NFRJ2mos2MO
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
@9ZNMKQB3mos3MO
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.
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