First name
Last name
Email
1.
Last week the Government handed down the federal budget. Based on what you know about the budget, how do you feel about the proposed measures in general?
Please select
Highly supportive
Supportive
Neutral
Opposed
Strongly opposed
Unsure
2.
Add any general comments here.
3.
Changes to the Capital Gains Tax (CGT). The current flat 50% CGT discount will be replaced with a discount based on impact of inflation over the period you held the asset. What best reflects your views?
Please select
I support
I oppose
Support only on property, not other assets
Support an alternative proposal (please specify below)
Not sure
None of the above reflect my views
4.
Add any comments about CGT here.
5.
Transitional arrangements. The new CGT rules will apply for gains after 1 July 2027. The current 50% rule will still apply to gains accrued before that date. What best reflects your views?
Please select
This sounds about the right balance
It is too generous for people who already hold assets
It is not generous enough and penalises people's past decisions
Not sure
None of the above reflect my views
6.
Add any comments about transitional arrangements here.
7.
Minimum tax rate. The Government proposes to implement a 30% minimum tax rate on real capital gains, that is gains after they’re adjusted for the impact of inflation using the new CGT discount. Currently the income tax tiers, including tax free threshold, apply to combined earnings meaning some people pay less than 30% tax on capital gains. What best reflects your views?
Please select
Support
Oppose
Not sure
None of the above reflect my views
8.
Add any comments about the minimum tax on capital gains here.
9.
Negative gearing. In future (properties purchased after the Budget) costs and losses from owning a property will only be able to be deducted from property income, not wages or other income. What best reflects your views?
Please select
Support
Oppose
Not sure
None of the above reflect my views
10.
Add any comments about negative gearing here.
11.
Transitional arrangements. Properties held prior to budget night that are currently negatively geared can continue to be negatively geared indefinitely. Typically, negatively geared properties will naturally become positively geared within 5-7 years. What best reflects your views?
Please select
This seems fair
This seems too generous for those currently with a negatively geared property
Not sure
None of the above reflect my views
12.
Add any comments about transitional arrangements for negative gearing here.
13.
New builds. For newly built homes, negative gearing will be preserved and investors can choose between the 50% discount or the indexation method for CGT. This is to encourage investment in new housing supply. What best reflects your views?
Please select
Support
Oppose
Not sure
None of the above reflect my views
14.
Add any comments about negative gearing for new builds here.
15.
Trusts. The Government will implement a 30% minimum tax on discretionary trusts. This is aimed at eliminating the practice of distributing income to lower-rate beneficiaries (children, related parties) to minimise tax.
Please select
Support
Oppose
Not sure
None of the above reflect my views
16.
Add any comments about changes to trusts here.
17.
Working Australians Tax Offset (WATO). The proposed tax changes raise approximately $100 billion over 10 years, some of which has been allocated towards a $250 annual tax offset only for working Australians. Currently about $77 billion of that is currently unallocated over the decade. What best reflects your views?
Please select
I support the Government’s current approach
A tax cut specifically for workers is appropriate, but I think the $77 billion should be committed to tax cuts
The government should reduce tax rates on all Australians, regardless of how they earn their income, and the $77 billion should be committed to tax cuts.
The government should instead target additional revenue towards supporting the most vulnerable through transfers such as JobSeeker and Rent Assistance
The government should instead us the revenue to index income tax thresholds (partially or wholly) to prevent or mitigate the impact of bracket creep in the future
The government should use the revenue for budget repair
Other / I want to explain my position [Free text]
18.
Add any comments about the WATO here.
19.
Personal impact. Thinking about the tax changes in the Budget do you expect to be:
Please select
Better off
Worse off
Neither better or worse off
I'm not sure yet
20.
Add any comments about the personal impact of the Budget here.
21.
Do you have anything else you want to add about the budget?
22.
Before you go, could we get some basic information about you? This survey is completely anonymous, and information will only be used to inform internal analysis. What is your age bracket?
Please select
<20
20-29
30-39
40-49
50-59
60-69
70+
23.
What is your postcode?
24.
What best describes your living situation?
Please select
I rent
I own my own home
Other, living with family
25.
How do you earn your income?
Wages
Owner manager of a business
Self-employed
Government support (ie. pensions or jobkeeper)
Property investments
Superannuation
Shares and dividends
Other [please specify more details below]
26.
Add any comments here.
27.
Are any of your investments negatively geared?
Please select
Yes
No