Newspoll cuts Do-nothing some slack

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Via The Australian today:

Voters have given the Coalition a vital boost in the wake of Malcolm Turnbull’s plan to expand the iconic Snowy Mountains power scheme, shaving Labor’s lead to 52 to 48 per cent in two-party terms and lifting the Prime Minister’s personal ratings.The Coalition has regained ground against Labor by increasing its primary vote from 34 to 37 per cent over three weeks, posting its strongest result since ­December while remaining dangerously below its support at the July election.


What should we put this down to? The WA drubbing? Snowy hydro? Last month’s Abbott attack? Housing affordability noises? A love for penalty rate cuts? Noise?

Given Bill Shorten’s collapsing rating perhaps we can put it down to Labor ineptitude.

It surprises me but in the end it’s irrelevant. More important is the One Nation primary vote which makes it impossible for the Coalition to win any election without joining with it.

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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.