There is still one minor party that could shake Aussie politics to the core

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Paul Kelly makes plenty of sense today:

The old empires are striking back. The hubris and limits of the minor parties are starkly revealed with the Liberals coming to power in South Australia, Labor’s victory in Batman, the Greens denied in a seat they aspired to win and the Nick Xenophon bubble in a long-overdue implosion.

…Xenophon’s hubris, stunts and contempt for policy proved too much for voters…The Greens are stagnant and internally divided, inspired by dreams of becoming a genuine third-party force but unable to broaden their appeal much beyond their partisans.

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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.