AUSTRALIA - Just over half of employed Australians (51%) would prefer some of the government's promised tax cuts to go into superannuation funds, according to research from Roy Morgan.
The telephone survey, conducted for the Australian Workers' Union, found unemployed Australians were divided on which option they preferred: 39% said they would like a combination of tax cuts and superannuation contributions, while 41% wanted the full tax cuts.
There was differing opinion between those earning $50,000 or more and those earning less than $50,000.
Fifty-three per cent of those earning $50,000 or more said they wanted a combination of tax cuts and superannuation contributions, compared to only 44% of those earning less than $50,000.
Gary Morgan, spokesperson for Roy Morgan, said: "This special Roy Morgan survey finds that more Australians, given the choice, would prefer a combination of superannuation contributions and tax cuts as opposed to full tax cuts.
"Those in favour of tax cuts and super were concerned about inflation and the strength of the economy and felt it was better if people had less disposable income."
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