Lights out for Albo’s honeymoon

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It’s been so obvious for so long that it’s hardly worth repeating. The energy shock switched the lights off on Albo’s honeymoon:

Almost half of all Australian voters believe they will be worse off over the next 12 months following Labor’s first budget, with the number of people who believe it will be good for the economy at the lowest levels on record.

An exclusive Newspoll conducted for The Australian shows that Jim Chalmers’ budget last Tuesday was the most poorly received for helping the household budget since the Coalition’s 2014 failed austerity drive.

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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.