Weekly poll aggregation

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Cross-posted from Mark the Ballot.

What are the polls doing? Is Labor heading south, scraping the bottom or on the rebound? I ask the question because today’s Nielsen looks like a bottom feeding story and today’s Essential is a rebound (at least over the last two independent polls).

On the raw data, the individual polling houses tell all of these stories. Morgan and Galaxy have Labor heading south. Nielsen is scraping the bottom. Newspoll and Essential are rebounding.

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Regular readers of this blog know that individual poll-to-poll movements are mostly meaningless noise. That is why I aggregate the polls. When I aggregate, the most likely story continues to be one of bouncing along the bottom. The polls are no longer heading south, but nor are they rebounding in any substantial way.

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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.