As a bit of an update to my post last night, the Essential Research poll is now out, basically showing no change from last time. Possum has more on all the other questions asked. So, we can now be more confident about suggesting that Malcolm Turnbull’s leadership has yet to really shift any of the trends that were evident under Nelson - this also highlights the vast over-inflation of the importance of Preferred PM and Opposition Leader approval ratings in most of the punditariat’s commentary. It will be very interesting to see what the delayed Newspoll says - since this is apparently the only poll the punditariat focus on. Where to now for the famous “media narrative”?
Peter Martin has all the wonky stuff worth reading on the Reserve Bank’s 1% rates cut, which a number of banks and lending institutions have indicated will lead to a .8% cut in their variable mortgage rates. Dennis Atkins, writing at Party Games, thinks that the Reserve has given the Rudd government political breathing space.
The performances of Turnbull and Bishop have been awful and achieved in such a short space of time. And if Swan was able to beat Turnbull as preferred economic manager (according to polls) how much more is he going to shine against a Julie Bishop who barely seems to have a clue.
Turnbull hamstrung by the Minchins and white-anting Howard and Costello has little scope to do anything except act like a a silver tailed Nelson.
At least Nelson was funny!
Do you mean ‘former banker’ Talcum Turncoat? Thats ‘former banker’ Talcum Turncoat, former banker Talcum. The turncoat. Im juts saying he’s a former banker, former banker former banker. For no reason. Not trying to create negative associations.
A wunch of bankers, eh, Lefty E? Guilt by association?? Hell, if Obama is tarred by the Weather Underground brush, Talcum must be feathered by the Merchant Banker brush.
Or is that a feather duster? At least Horatio Nelson would’ve giggled a bit as the feather duster so lightly caressed his 3am gutter-lovin’ ear studs, and the………
Roosters anyone?
“A wunch of bankers”
wins my collective noun award for 2008.
Also worth noting this result of the Essential Research poll:
The likes of Christopher Pearson, Andrew Bolt and Miranda Devine obviously think the Coalition can win with 16 per cent of the vote. Let’s hope their influence over Coalition policy increases.
but not an original, Lefty E.
There was a clue a couple of days ago that RBA might go higher than 0.5%, when a senior official said, “it’s not the official rate we look at, it’s the rates the banks actually charge their customers”.
So taking into account the much discussed likelihood that banks would not pass on the full RBA cut, it seemed more likely the RBA would go higher than 0.5%.
Will the drop of 0.8% have an immediate effect on real estate prices?? What are the time lags, usually? What effect on small businesses? What effects on “mortgage stress”?
Poll print far too small to read so I can’t comment and can’t make it larger by zooming.
Paul, it seems to be a PDF file, so can you download it and read/zoom it in an external PDF reader?
Will try that. Thankd, Nick. It looks like an interesting poll.