Is a federal election imminent?

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The word we’re getting from our public service contacts is that preparations are underway for pre-election “caretaker” mode. This may not be indicative of any intention of the Government to call an early poll. But there is this:

Kerryn Phelps has left open the prospect of voting against the government in a motion of no confidence if she wins Malcolm Turnbull’s former seat of Wentworth tomorrow.

The independent candidate is rated a strong chance of causing an upset in the traditional Liberal stronghold in Sydney’s east in the by-election, costing the Morrison government its one-seat majority.

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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.