What Australians plan to do with their $300 energy bill subsidy

Most Australians say they will use the federal government’s $300 energy subsidy to increase savings or pay down loans, countering fears of a spending splurge that would fuel inflation after last week’s federal budget., compared to 79 per cent who say they will save it or use it to pay off credit cards and other debts.

“So, we are seeing inflation moderating. We do need to get it down further. It’s not job done. But it is down to anThe survey found that 34 per cent of respondents considered the budget to be “good” for fighting inflation, while 27 per cent thought it “bad” for this goal and the remainder were neutral or undecided.

The Resolve survey found 45 per cent believed the help should go to all households and 47 per cent said it should go to those on lower incomes, with the rest unsure. Asked how they rated the treasurer’s performance, 41 per cent said he was doing a good job and 29 per cent said he was doing a poor job, with the remainder undecided. That compares to 47 per cent who considered his performance good after the federal budget last May, and 43 per cent who said the same after the budget in October 2022.

The survey found that 52 per cent of voters thought interest rate rises were mainly about domestic factors in Australia, up from 48 per cent last month.

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