Following the 2025 Budget announcement, 43% of adults expect to be better off financially while 10% think they will be worse off.

·       ​ After the Budget announcement, those expecting an increase in their finances, the average amount adults expect to be better off by is €544.38.

 

·       Of those expecting a reduction in their finances, the average amount adults expect to be worse off by is €758.43.

 

 

·       According to 1,000 respondents, increased tax credits or reduced VAT levels is the top issue that the Budget has had a positive impact on. Before the Budget was announced adults that Increased tax credits or reduced VAT levels was the second most important concern.

 

·       Improvement in the Education sector was the second issue that the budget had a positive impact on followed by improvement in the health sector.

 

·       Following the Budget, 29% of respondents think the housing crisis will get worse in the year ahead with the changes. Before the Budget was announced 32% felt the housing crisis would get worse.

 

·       50% think there will be no change in improvement. However, 20% think the housing crisis will improve with the Budget 2025 changes. Of these 2% think it will improve a lot.

 

·       Nearly 1 in 3 adults (32%) think the homelessness crisis will get worse in the year ahead with the Budget 2025 changes. Before the budget 40% thought the homelessness crisis will get worse in the year ahead.

 

·       51% think there will be no change in improvement. However, 17% of adults think the homelessness crisis will improve in the year ahead.

 

 

For more statistics you can visit us at our blog: https://ireachhq.com/blog

 

 

About iReach Insights

 

iReach Insights provides a range of research and market intelligence services in Ireland and Europe. iReach has built a Consumer Decisions Research Panel of 40,000 members in Ireland, delivering robust research insights. The survey questions were included in the Nationally Representative iReach Consumer Decisions Omnibus run between the 10^th to the 17^th of October and has a 3% Confidence Interval and 95% Confidence Level.  1,000 adults took part in this part of the twice monthly iReach Consumer Omnibus Survey.

 

 

Questions asked of adults nationwide:

 

Q1. Following this week’s budget, will you be better or worse off financially in 2025?

Q2. How much better off do you expect to be financially over the next 12 months after the budget measures are implemented?

Q3. How much worse off do you expect to be financially over the next 12 months after the budget measures are implemented?

Q4. Following this week’s budget, do you think the housing crisis will improve in 2025?

Q5. Following this week’s budget, do you think the homelessness crisis will improve in 2025?

Q6. Which are the Top 3 issues that the budget has had the most positive impact on?

 

 

iReach Insights Limited – Temple Hall, Temple Road, Blackrock, CO. Dublin, IRELAND.

iReach Managing Director: Oisin Byrne
T: 01-214 3740 or email: oisin.byrne@ireachhq.com