Australian Politics
Guardian Essential report: do cost-of-living pressures change how people vote?
Mar 8, 2023
Political editor Katharine Murphy and Essential Media’s Peter Lewis analyze the latest Guardian Essential poll on superannuation changes and tax cuts, public sentiment on economic policies in Australia, and the challenges faced by opposition leaders like Anthony Albanese and Peter Dutton in winning over voters.
23:18
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Quick takeaways
- Support for reducing tax concessions on superannuation balances over 3 million reflects increasing public concern for addressing wealth inequality.
- Mixed opinions on limiting tax benefits from family trust arrangements highlight the complexities and lack of clarity surrounding the issue.
Deep dives
Public Opinion on Superannuation Tax Concessions
A recent poll revealed that reducing tax concessions for individuals with superannuation balances over 3 million is generally supported, with a 54% approval rate compared to 19% opposed. Even those aspiring to accumulate three million in superannuation express support for the policy, indicating a shift in public sentiment towards addressing tax concessions for the wealthy.
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