The Turnbull bubble is gunna pop

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So far the prime ministership of Malcolm Turnbull looks rather like the NSW premiership of Bob Carr: do nothing and be popular. Today’s Newspoll give a ringing endorsement to ‘Do Nothing Malcolm who maintains at 53-47 over the Opposition, via The Australian:

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As federal parliament resumes tomorrow for the first sitting of the election year, Newspoll shows that the Prime Minister continues to enjoy a personal standing around six-year highs and the Coalition retains a 53 per cent to 47 per cent two-party lead over Labor.

The Newspoll, taken exclusively for The Australian, also points to a slight recovery for Bill Shorten, with his rating as preferred prime minister rising six points from his record lows to 20 per cent, although he remains massively behind­ Mr Turnbull, who is favoured by 59 per cent of voters.

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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.