Australian conservatives headed for big election defeat - Newspoll

Dhwani Mehta FXStreet

A widely watched Newspoll for The Australian newspaper, showed that the Australia’s Conservative government is seen facing a huge electoral defeat in its final sitting of parliament ahead of general elections in May, Reuters reports.

Key Findings:

“Opposition Labor retained a lead of 53 percent to 47 percent over the Liberal-National government led by Prime Minister Scott Morrison, unchanged from the previous poll in December, despite recent efforts to frighten voters on Labor’s tax plans.

Morrison’s own approval rating gained 2 points, however, against Labor leader Bill Shorten, climbing to 44 percent from 35 percent.

The latest poll found 44 percent of voters opposed abolishing the tax refunds on dividend credits, down from 48 percent in December.

The survey was conducted from Feb. 7 to 10, with 1,567 interviews and a sampling error of 2.5 percentage points.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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