Odds and sods: week two

The betting markets record movement to the Coalition on the question of party to form government, but seat markets offer ample opportunities to those not anticipating a Labor landslide.

Welcome to the second instalment of what will be a more-or-less weekly review of movements on election betting markets – in particular, those of Ladbrokes – coming slightly ahead of schedule, the first such post having been six days ago. On the big question of party to form government, the odds have reflected the tenor of media chatter over the past week by moving to the Coalition, who are now paying $3.80 compared with $4.50 last Thursday, while Labor are out from $1.19 to $1.23 (you can find these odds in the sidebar).

On the seat markets though (where you can find the odds at the bottom right of each page on my electorate guide), this only translates into two more seats where the Coalition is now rated favourite – leaving Labor as favourites in a surely implausible total of 95 seats, with the Coalition ahead in 50 and others in six. The latter are the five existing cross-bench seats, with Indi favoured to remain independent ($1.77 to $2.15 for the Coalition) despite the retirement of Cathy McGowan, and Rob Oakeshott favoured to win Cowper ($1.65 to $1.95 for the Coalition). They aren’t favourites, but someone at Ladbrokes or in the betting market thinks Shooters Fishers and Farmers are a show in Calare, where they are paying $3.00, in from $3.25 last week. Captain GetUp seems to have impressed the markets, with Tony Abbott in from $1.75 to $1.67 in Warringah and Zali Steggall out from $2.00 to $2.20.

In a fairly clear case of the polls leading the markets, one of the two seats where the Liberals are newly the favourites is Bass, where they have been slashed from $4.00 to $1.80, with Labor out from $1.20 to $1.70. This has also been reflected to an extent in the odds for Braddon, where the Liberals are in from $4.00 to $2.75 and Labor are out from $1.22 to $1.40. For some reason though, neighbouring Lyons has gone the other way, with the Liberals out from $4.00 to $4.50, and Labor in from $1.20 to $1.18. There also seems to have been no effect from the Corangamite poll, at least not yet – the Liberals have actually lengthened there, from $6.00 to $6.50.

The other seat where the Liberals are now the favourites is Brisbane, where they have shortened from $2.50 to $2.00, with Labor lengthening from $2.00 to $2.30. This was one of a number of modest movements to the Liberals in seats they are defending, the others including Dickson ($3.00 to $2.50), Capricornia ($2.75 to $2.50), Gilmore ($4.75 to $4.50), Dunkley ($4.20 to $4.00) and Higgins ($1.45 to $1.40). In Labor-held seats, the Liberals are in from $2.80 to $2.50 in Herbert, $5.00 to $4.00 in Solomon, $11 to $8.00 in Dobell, and $15 to $13 in Macarthur.

It hasn’t all been one way though – as well as Corangamite and Lyons, there have been movements to Labor in two seats that can be readily understood in terms of events on the ground last week. One is George Christensen’s seat of Dawson, although the movement here is very slight, with Christensen out from $2.20 to $2.25. The other is Chisholm, where Liberal candidate Gladys Liu’s bad press has brought Labor in from $1.44 to $1.33, although Liu herself is unchanged at $3.75. The Liberals have also lengthened in Boothby (from $2.20 to $2.40), Bonner ($2.40 to $2.90) and Grey ($1.30 to $1.36).

Author: William Bowe

William Bowe is a Perth-based election analyst and occasional teacher of political science. His blog, The Poll Bludger, has existed in one form or another since 2004, and is one of the most heavily trafficked websites on Australian politics.

945 comments on “Odds and sods: week two”

Comments Page 10 of 19
1 9 10 11 19
  1. Breaking News

    The reachtel poll as the coalition leading labor by 51/49 as they on course to win the May 18 election.

  2. Speaking of Emma Husar, this is how she dealt with one of ScuMo’s ‘Christian’ mates after he attacked her in this way:

    Emma Husar
    @emmahusarmp
    ·
    5h
    Well, top of the morning to you too mate… Also welcome to “social” media.

  3. “In their defense the NSW HO has just had to go through one Opposition Leader, lose another AND fight a NSW State Election since then. As for the National Secretariat, can’t help you there, except to say at least they found out BEFORE the election. #4 will be happy anyway. ”

    Come on. 10 months to sort THIS out. Especially when she won preselection at the height of the last round of s.44 fuck ups!

    If this had been ‘caught’ just weeks ago it wouldn’t have been a problem.

    I’m pretty sure that #4 (which is the ‘no win’ seat usually reserved for the second choice left wing candidate from last year’s annual conference ballot & centre unity wont be giving up its spot lightly) won’t be the happy beneficiary. This is a winnable seat and there will be a lot of pretty stiff competition to secure the spot. I wonder if Julie Sibraa might be in with a shot. She’d be a deserving choice IMO.

  4. Morrison allowed the cameras in to his church in order that he could set himself up as a martyr when the inevitable mockery occurred.
    ____
    Effective decision analysis requires consideration of possible adverser consequences.

  5. Those who don’t like the betting ads on PB can offset Mr Bowe’s need to host them by donating directly to PB. 🙂

    ––––––––––––––

    Al Pal @ #160 Monday, April 22nd, 2019 – 10:14 am

    Was going to vote for Bill. Not now. I made decisions on my superannuation years ago not expecting constant change. In business it’s called sovereign risk.

    Did you also complain about changes to the super system when they benefited you, and threaten to change your vote to stop them?

    You’ll be fine under a Shorten Labor government.

    ––––––––––––––

    EGW @ #294 Monday, April 22nd, 2019 – 12:46 pm

    I view every appearance by Morrison as being effectively campaigning for Labor.
    If they think he wins votes they are deluded.

    The best weapon against ScoMo is ScoMo.

    ––––––––––––––

    Andrew_Earlwood @ #408 Monday, April 22nd, 2019 – 3:08 pm

    Scrott reacting badly:

    https://www.smh.com.au/federal-election-2019/scott-morrison-attacks-gutless-keyboard-warriors-who-mocked-his-church-worshipping-20190422-p51g44.html

    Guessing that “turn the other cheek” doesn’t hold in prosperity evangelical pop Christianity.

    The whole thing was a blatant set-up to give the increasingly desperate arseclown an opportunity to act all outraged and persecuted, and (as Boerwar noted) take the spotlight off other more important issues.

    It it entirely bogus.

    ––––––––––––––

    And a big fat fuck you, Labor, for letting yet another s44 through the net, after all that has happened in the last few years.

    This is not the behaviour of an experienced professional political party serious about winning.

    Both the candidate and the responsible party officials need their arses kicked hard over this. By which I mean sacked.

    You idiots didn’t learn from your first self-inflicted arse kicking?

    Seriously pissed off about this inexcusable repeat fuck-up. 🙁

  6. rhw
    I did not expect those questions to be answered any time soon.
    At the moment we have, I believe, Christensen, Corman, Cash and possibly Porter refusing to answer AFP questions. We have Sinodinos with acquired memory loss syndrome.
    We have Ley, Robert, Sinondinos all demoted and then remoted.
    We have Morrison refusing to answer questions routinely.
    We have Morrison lying routinely.
    All that said, I do hope some enterprising journalist, this evening, asks Joyce to describe what communications occured between his advisers and the Department and then between his advisers and himself.
    I would bet any money that conversations did happen on all serious related topics.
    Why ask the question if it is not answered?
    Because it would demonstrate in and of itself that Joyce’s assertion that they buy back was at arm’s length is hocum.

  7. Graham @ #448 Monday, April 22nd, 2019 – 4:20 pm

    “I don’t particularly care if our MPs are religious so long as they keep their religion to themselves.”

    Morrison allowed the cameras in to his church in order that he could set himself up as a martyr when the inevitable mockery occurred.

    No politician does anything without reference to the optics. That includes giving the press access to his church. This was obviously a set up to provide Scummo with some badly needed high moral ground from which he can denounce the unbelievers.

    An issue that has been around for awhile is Morrison’s faith and being part of a Pentecostal order. No previous Leader has been affiliated with this Group. I’m sure there is genuine scepticism about Pentecostals. Perhaps Morrison, knowing he’s cooked politically , is looking at promoting religious tolerance as his legacy.

  8. A-E
    Agree. But all things are relative. The Coalition has removed seven candidates. Six for s44 and one for saying things that were bizarre.

  9. Andrew_Earlwood @ #453 Monday, April 22nd, 2019 – 4:24 pm

    “In their defense the NSW HO has just had to go through one Opposition Leader, lose another AND fight a NSW State Election since then. As for the National Secretariat, can’t help you there, except to say at least they found out BEFORE the election. #4 will be happy anyway. ”

    Come on. 10 months to sort THIS out. Especially when she won preselection at the height of the last round of s.44 fuck ups!

    If this had been ‘caught’ just weeks ago it wouldn’t have been a problem.

    I’m pretty sure that #4 (which is the ‘no win’ seat usually reserved for the second choice left wing candidate from last year’s annual conference ballot & centre unity wont be giving up its spot lightly) won’t be the happy beneficiary. This is a winnable seat and there will be a lot of pretty stiff competition to secure the spot. I wonder if Julie Sibraa might be in with a shot. She’d be a deserving choice IMO.

    Shanghai Sam will be sniffing around…

  10. “And a big fat fuck you, Labor, for letting yet another s44 through the net, after all that has happened in the last few years.

    This is not the behaviour of an experienced professional political party serious about winning.

    Both the candidate and the responsible party officials need their arses kicked hard over this. By which I mean sacked.

    You idiots didn’t learn from your first self-inflicted arse kicking?

    Seriously pissed off about this inexcusable repeat fuck-up. ”

    Sigh …

    Yep. 🙁

  11. This is not the behaviour of an experienced professional political party serious about winning.

    So you must be seriously blowing your top about the Coalition’s SIX candidates already removed for S44 breaches. No?

    But you’d have to agree:

    This is not the behaviour of an experienced professional political party serious about winning. 🙂

  12. What conversations occurred between Joyce’s advisers and the water selling company?
    Was the move between $2200 and $2700 discussed between Joyce’s advisers and the water selling company’s representatives?

  13. Al Pal @ #160 Monday, April 22nd, 2019 – 10:44 am

    I am an increasingly grumpy old Phart when it comes to politics and elections.
    Promises, unfulfilled. Handouts as bribes. And above all, no vision or simple honesty.
    Was going to vote for Bill. Not now. I made decisions on my superannuation years ago not expecting constant change. In business it’s called sovereign risk.
    Now I learn that Chris Bowen will allow retirees whose superannuation funds are in pension mode and not paying tax to receive their cash franking credits “ gift” if they invest their super money in some industry funds.
    This would be a world first where taxes were levied on the basis of who manages your money, and not on assets or income.
    No thanks. I’ll write Keating name on my ballot.

    Kmart workers have no choice in super funds either thanks to the SDA and Kmart.

  14. Craig Emerson killed Morrison’s insistence that LNP have a climate change policy by explaining that by taking over Abbott’s policy they were accepting one that started with “cc is crap”.

  15. Who on the ALP side is questionable re #s44?

    I thought Labor had all their candidates sorted.

    When do noms close? Or have they?

  16. AE
    S44 continues to weed out incompetent people. If you can’t get some simple paperwork filled out, you shouldn’t be anywhere near parliament. It’s amazing the parties still stuff it up.

  17. All things liable to change without notice. Scott Morrison has confirmed that two Australians have been killed in the Sri Lankan attacks.

  18. ScoFo doesn’t discuss “on-Bubble” matters!

    Here’s a question then: Why would we want an evasive jerkoff like you as PM?

    Answer: we don’t. You’re head-first in the trash come May 18 son.

  19. Boerwar @ #4174 Monday, April 22nd, 2019 – 4:28 pm

    rhw
    I did not expect those questions to be answered any time soon.
    At the moment we have, I believe, Christensen, Corman, Cash and possibly Porter refusing to answer AFP questions. We have Sinodinos with acquired memory loss syndrome.
    We have Ley, Robert, Sinondinos all demoted and then remoted.
    We have Morrison refusing to answer questions routinely.
    We have Morrison lying routinely.
    All that said, I do hope some enterprising journalist, this evening, asks Joyce to describe what communications occured between his advisers and the Department and then between his advisers and himself.
    I would bet any money that conversations did happen on all serious related topics.
    Why ask the question if it is not answered?
    Because it would demonstrate in and of itself that Joyce’s assertion that they buy back was at arm’s length is hocum.

    I agree with all of this – but the current perspective is exclusively political, and will be until the inevitable ALP victory occurs. The controlling players at present are The Ruperts and the lesser Plutocrats (like Stokes & whomever is pulling the Hammock Dweller’s strings these days) operating through their propaganda organs – which cannot maintain the monopoly in the face of the loss of the middle ground.
    There will be no civil or legal penalty for any of the egregious abuses that have become SOP for any of Rupert’s servants. The only remedy is to accept that they will not suffer anywhere but the ballot box – but then to enjoy the legal hounding of the arseholes with RCs & other inquiries from the Government benches.

  20. Remember that you have to have received notification from the country you’re renouncing that you’ve successfully renounced.

    Candidates might have gone through all the correct processes and still be ineligible, not through any fault of their own but because of tardiness (or whatever) from the other country.

    Which is why you’d be stepping down today, because it’s now clear that nothing’s in the mail.

  21. BW
    Especially if you are a GP. They have all kinds of rules about working if they are from another country. It’s so bad you suspect it was deliberate so she didn’t lose her UK citizenship.

  22. rhw

    The Coalition has resisted RCs that exposed it and its mates. Chief of the latter were the RCs into child sex abuse and the Banking RC. Both of these were, in various ways, damaging to the Coalition.

    OTOH, the Coalition has deployed RCs very willingly designed, in particular, to destroy Labor leaders. These were damaging to Gillard and Shorten.

    Labor would be wise to assess the landscape when it gets into Government and becomes fully-briefed by the departments.

    The chosen RCs, and their TOR, would, IMO, be best deployed to send some crooks to jail and some Liberal and Nationals cronies with them. In these matters timing is important.

    I look forward to the next set of RCs.

  23. zoomster @ #490 Monday, April 22nd, 2019 – 4:46 pm

    Remember that you have to have received notification from the country you’re renouncing that you’ve successfully renounced.

    Candidates might have gone through all the correct processes and still be ineligible, not through any fault of their own but because of tardiness (or whatever) from the other country.

    *cough! George Brandis*

  24. ‘Diogenes says:
    Monday, April 22, 2019 at 4:46 pm

    BW
    Especially if you are a GP. They have all kinds of rules about working if they are from another country. It’s so bad you suspect it was deliberate so she didn’t lose her UK citizenship.’

    You can lead a horse to water but some horses want to take their water with them.

  25. poroti @ #494 Monday, April 22nd, 2019 – 4:47 pm

    What a greedy bunch of pricks. May they end up on a boycott list.

    Public holiday surcharge remains despite penalty rates reduction

    Many inner-city Sydney venues were charging customers a surcharge of 10 per cent to 15 per cent on Easter Monday despite a reduction in penalty rates for hospitality staff.
    https://www.smh.com.au/business/workplace/public-holiday-surcharge-remains-despite-penalty-rates-reduction-20190422-p51g6n.html

    Oh, but they will stwuggle if Penalty Rates are reintroduced by Labor! 🙄

Comments Page 10 of 19
1 9 10 11 19

Leave a Reply

Your email address will not be published. Required fields are marked *