Australian opposition holds slim lead over Govt ahead of May 18 election – The Newspoll

Dhwani Mehta FXStreet

The latest opinion poll conducted by the Newspoll showed that opposition Labor Party maintained a narrow lead against the ruling Liberal-National coalition just a week ahead of the May 18^th Australian general election.

Key Findings:

“The Newspoll showed Labor ahead of the Liberal-National coalition, 51 percent to 49 percent, unchanged from polls over the past two weeks on a two-party preferred basis

Based on the poll, Labor would end up with 77 seats in Australia’s lower house, above the 76 needed to form government, against 68 for the coalition and 6 for other parties.

Currently, Labor holds 69, the coalition 73 and other parties 8.

The Newspoll showed voters’ net approval of Labor leader Bill Shorten climbed eight points to his highest since March 2015, although his rating still trails Morrison’s, by 10 points.

The poll surveyed 1,644 voters across Australia on May 9-12.”

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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