The Guardian Essential Report, 8 May results Read moreIn an effort to massage expectations, the Turnbull government has been telegraphing Tuesday night’s tax cuts will be modest, and targeted initially at low and middle-income earners, with a sanctioned pre-budget leak suggesting the low-income tax offset will be increased. Tax cuts for higher-income earners will be scheduled over the medium term. When asked to rate their budget priorities for 2018, the Guardian Essential survey of 1,033 voters nominated increased spending for healthcare (67%), age pensions (56%), education (55%) and affordable housing (52%). The highest level of support for expenditure cuts was registered for the aid budget (48%), business assistance (33%) and military/defence (23%). The two big budget items – personal income tax cuts and building infrastructure – came in third and fourth on 17% and 12% respectively, while fully funding the national disability insurance scheme came in fifth on 8%.

Source: The Guardian May 07, 2018 18:00 UTC