Essential poll: No headway for Do-nothing Malcolm

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Not even Do-something Malcolm can budge his polls, via The Guardian:

Voter expectations of next week’s federal budget are extremely low, with only 10% of the Guardian Essential poll sample believing next week’s economic statement from the Turnbull government will be good or very good for them, and 30% fearing it will be bad.

As well as revealing low personal expectations, the new poll reveals only 12% of the sample believed the budget would be good or very good for working people, 11% good for people on lower incomes, 14% for families, 10% for older Australians and 11% for younger Australians.

By contrast, 43% of the sample of 1,801 voters said they believed the 9 May budget would be good for business, and 54% thought it would be good for people on high incomes.

…Again, Coalition voters were more likely to think the economy is heading in the right direction (45%) than Labor (25%), Greens (18%) and independent/other voters (16%). Men were also more likely to think that the economy was heading in the right direction (36%) than women (23%).
Voters were also asked a number of questions about their confidence in Malcolm Turnbull to deliver on certain issues. Poll respondents were most confident that the prime minister could deliver tougher citizenship requirements (55% confident) and tighter regulations for foreign workers (52%).

They were least confident that he could deliver action on climate change (61% not confident), a balanced budget (59%), jobs and growth (58%), and a strong economy (56%).

The survey has Labor retaining its lead over the Coalition on the two-party preferred measure, 53% to 47% – the same result as last week.

That a pretty poor report card for an economic manager.

I remain of the view that nothing but big immigration cuts will move he needle for Do-nothing Malcolm.

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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.