With Mr Shorten’s leadership under pressure leading into five critical by-elections, now less than four weeks away, the Coalition has again closed the gap to within two points to trail Labor 51-49 on a two-party-preferred basis.
It ain’t rocket surgery. ON and the Coalition have a near one-to-one rise and fall correlation. It goes to show once more that the one policy shift available to the Government that would win it the election is to explicitly cut immigration in the name of housing affordability, higher wages and better living standards. It may be enough to have Tony Abbott banging on about it from the fringes. Or not.
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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.
