Australia Institute: Voters Support Labor's Stage 3 Revisions

Australia Institute

Key Findings:

On behalf of The Australia Institute, uComms surveyed residents of Kooyong, Mackellar and Wentworth on 5 February 2024.

  • Across all three electorates, between 62% and 63% of respondents support the Albanese Government's changes to the Stage 3 tax cuts
    • Only around one third of voters oppose the changes
  • Across all three electorates, over 70% of voters say their income is growing slower or much slower than the cost of living
  • Over 69,000 taxpayers across the three electorates will now receive a tax cut thanks to changes to Stage 3

"These results demonstrate strong public support for Labor's changes to the Stage 3 tax cuts among high-income electorates," said Dr Richard Denniss, Executive Director of the Australia Institute.

"Every taxpayer in Australia will now receive a tax cut under Stage 3, millions more than under the original plan.

"Our analysis shows that over 69,000 people across these three seats will now receive a tax cut, having been completely left out under Morrison's Stage 3 plan.

"It is clear that people across the country are struggling with cost-of-living pressures and costs that are growing faster than wages.

"Amending the Stage 3 cuts makes them far more equitable and redirects around $90 billion to low- and middle-income households.

"A clear majority of voters understand the importance of a government responding to these economic conditions, and back the government's changes."

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