An exclusive Newspoll conducted for The Australian revealed a seven-point fall in support for Mr Shorten’s centrepiece housing policy amid a softening market, although backers of Labor’s tax overhaul still outweigh opponents by 47 to 33 per cent.
Of those surveyed, 42 per cent believed the policy would cause house prices to “come down a little” with a further 36 per cent saying that renting would become more expensive and 33 per cent saying property would be “more affordable” for first-home buyers.
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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.
