Labor hits the front

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This morning Nielsen reported a significant closing of the gap between the major Federal parties with Labour on 48 and the Coalition on 52 (TPP). This afternoon, Roy Morgan released a poll putting Labor in front (TPP):

In mid October support for the ALP is 50.5% (up 2.5%) cf. L-NP 49.5% (down 2.5%) on a two-party preferred basis according to the latest face-to-face Morgan Poll conducted over the last two weekends, October 13/14 & 20/21, 2012.

Today’s face-to-face Morgan Poll shows the L-NP primary vote is 38.5% (down 4.5% in 2 weeks) ahead of the ALP 37.5% (up 0.5%). Among the minor parties Greens support is up sharply by 2% to 12.5% and Independents/ Others up 2% to 11.5%.

If a Federal election were held today the result would be too close to call according to this face-to-face Morgan Poll

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As predicted, it appears rate cuts, collapsing carbon hysteria and the Gillard’s recent misogyny tirade have all pushed Labor ahead. With more rate cuts to come, next May’s Federal election could be closer than we all thought!

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.