Confidence in Albo’s Labor plummets amid consumer gloom

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Roy Morgan Poll on Federal voting intention shows the ALP support down 2% points to 56.5% compared to the L-NP on 43.5% (up 2% points) on a two-party preferred basis.

Roy Morgan polling

The drop in support for the Albanese Government came after Treasurer Jim Chalmers raised the prospect of changing taxation rules for those with large superannuation account balances of over $3 million.

The issue of changes to superannuation was easily the largest media story last week with almost 800 media mentions during the week – about twice as many as the second-placed Mardi Gras in Sydney.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.