Do-nothing Malcolm’s polling bear market deepens

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From The Australian today comes Newspoll with two party preferred unchanged at 50/50:

But the PM’s satisfaction rating is still sliding:

Though he’s still up on preferred PM:

There’ll be no real pressure until TPP slides. And given he has no policy agenda to drive it lower that may take a while, from Domainfax:

The Turnbull government needs to wake up to itself, fast.

Fresh from embarrassing scenes just over a week ago that saw it lose three votes on the floor of the House of Representatives in a row, government senators returned to Canberra, bright and bushy-tailed on Monday morning, to debate…nothing.

…Instead, we got hours of legislative Spakfiller, a lot of sound and a little fury signifying nothing.

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.