The Coalition is literally falling apart
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This has become a joke:
- Labor has surged to a 54-46TPP polling lead;
- Do-nothing Malcolm and the realty treasurer not only have no policies, they are actively engaged in policy necrophilia in coal, trade and tax pseudo-reform;
- Coalition electoral reform has backfired and embedded a hostile senate;
- Parallel PM Tony Abbott is white-anting everything;
- One Nation is running riot taking Coalition support with MPs defecting at the state level;
- Cory Bernardi is abandoning the party to form an unber-conservative option that will poach an unknown number of MPs;
- Do-nothing Malcolm appears to have bought the party for $1.7mn prior to the election when it was so broke it couldn’t pay the National Director, and
- the civil war has erupted in the Coalition’s base Murdoch media support with the broadsheets backing Turnbull and tabloids smashing him.
It can’t go forward with Do-nothing. Perhaps it can’t rid itself of its new owner either! It can’t go backward to Tony. It can’t get anything done. And it’s only policy – to support house prices with high immigration – is driving its own political extinction.
Perhaps Malcolm Turnbull did join the Labor Party all of those years ago!
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.
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