The Aussie election is only 2 weeks away (time flies when you’re having fun are we there yet?)
The Sydney Morning Herald reports on some of the polling being done, with different polls showing hugely disparate results:
- Established pollsters agree that the Coalition has established a small but growing lead, averaging 52-48 on their latest polls. (The ‘Coalition’ is the current opposition, for those unfamiliar with Australian politics)
- But robo-pollsters, who use automated phone calls to survey, report huge swings to the Coalition
The article is ungated
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It is worth noting, though, that while the margins and numbers are widely at variance, the polls do agree, however, on a win for the coalition.
As a bit of background – Australia has had a minority government since 2010 (one of the two major parties, Labour, has governed with support from a handful of independents). The markets and business are looking for a majority government result this time around. The Australian dollar is being much more responsive to global economic developments (the main theme of which at present is the expectation of a reduction in Federal Reserve QE , impacting on emerging markets and commodity prices and so on the Aussie$, abut also the signs of improvement in China’s economy), the election is not a huge issue – still two weeks to go, though.
