Victorian by-elections and Resolve Strategic poll

As two state by-elections loom, a new poll finds support for state Labor in Victoria plunging to historic lows.

The Age today leads with a startling Victorian state poll from Resolve Strategic, though it requires a note of caution in that the sample is 559, giving it a larger than normal error margin upwards of 4%. (UPDATE: It turns out that 559 refers only refers to the preferred premier question, and that the voting intention results, as usual, combine two monthly polling surveys with an overall sample size of 1124 and a typical error margin of around 3%). The usual practice of Nine Newspapers is to produce state results for New South Wales and Victoria in alternating months using the samples from those states in the monthly national polls, but on this occasion it was evidently decided to dispense with the earlier polling period as it was conducted before Brad Battin replaced John Pesutto as Liberal leader.

The poll finds Labor plunging six points from an already weak position to 22%, with the Coalition up four to 42% and the Greens steady on 13% (the same sample of respondents in the federal poll published earlier this week had Labor at 25%, the Coalition at 38% and the Greens at 13%) (UPDATE: Make that half the same sample). Brad Battin debuts with a 37-27 lead over Jacinta Allan as preferred premier, compared with a 30-29 lead for John Pesutto in the November result. Twenty-eight per cent rated themselves more likely to vote Liberal after the leadership change compared with 11% for less likely, while 11% rated themselves more likely and 18% less likely to vote Labor on account of the rather less newsworthy fact of former Treasurer Tim Pallas’s retirement.

On that subject, I have guides up for the February 8 by-elections in Prahran and Pallas’s seat of Werribee. The ballot paper draw in Prahran was conducted last week, while Werribee’s will be held later today. Regarding Prahran, Antony Green points to the fact that Tony Lupton, who held the seat for Labor from 2002 to 2010 and is now running as an independent, has a how-to-vote card recommending the Liberals be put ahead of the Greens.

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.

156 comments on “Victorian by-elections and Resolve Strategic poll”

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  1. I feel that it’s time factor will play into the election in Nov, 2026.

    Although the liberals are beyond hopeless, who knows.

  2. William,

    [I suspect at least one of the things that’s changed is that they’ve started weighting by Indigenous Voice vote.]

    Is there logic to why Resolve, or anyone else, would do that? I wouldn’t say it’s a variable that is indicative of voting choice compared to more tangible factors.

  3. There is a hugely expensive project currently underway near my place. The north east link.

    The disruptions have been monumental and annoying, but generally those living in my area at least, know that ultimately it will be worth the angst.

    That is how people have viewed the rail crossing removals, and once they see the metro tunnel up and running, it will definitely be appreciated.

  4. I agree there will be a lot happening in 2025-26 which does give Victorian Labor plenty of opportunity to change the narrative and at least recover some of their support. As we get closer to an election campaign, there will be more focus on the Liberals and what they have to offer as well.

    If by May 2026 (6 months out from the election) there’s a budget with an operating surplus, the second of two more ‘election-friendly’ budgets compared to 2023 & 24, West Gate Tunnel and Metro Tunnel will have been open for at least 6 months, the police dispute would have been resolved for more than a year and be a distant memory, and a big one – possibly a Liberal federal government – they will be going into the election campaign in a much more positive place than they are in right now.

    These dire Victorian polling results could very well translate to significant seat losses for federal Labor in a few months. When Labor are in government at both levels, they are the only party people will blame for any hardships they are experiencing.

    It’s interesting to note that Victorian Labor’s polling slide occurred at roughly the same time that federal Labor’s honeymoon period ended and their support rapidly evaporated too.

    If by November 2026, Victorians have had a Liberal federal government for 18 months again (which by that stage will also be 10 of the past 13 years), that will only translate to support for state Labor once again.

    This goes back to my comment earlier that Labor’s polling hitting such a low in Victoria right now, only 2-3 months out from a federal election, could actually be a blessing in disguise for Victorian Labor, and Albanese’s government may end up being the casualty instead.

  5. Yes, noted about Macnamara. Whoever out of the Greens or Labor come in the final two, will most likely snag the seat. On current trends, the Green vote appears to be holding up in Vic. The ALP vote is going backwards.

    Burns has a 12% margin, but in reality I actually don’t think it’s anywhere near that. There’s a bit of a mathematical glitch which creates the illusion it’s safe labor.

    I’d say that division is heading towards a Green pickup federally.
    I’ll have a bit of a think after the Prahran by election though. ie: see where the Lib vote ends up.
    Def a seat to be watched closely leading up to the election.

  6. I’ve added the following to the post:

    It turns out that 559 refers only refers to the preferred premier question, and that the voting intention results, as usual, combine two monthly polling surveys with an overall sample size of 1124.

  7. Is there logic to why Resolve, or anyone else, would do that? I wouldn’t say it’s a variable that is indicative of voting choice compared to more tangible factors.

    Mmm, I kind of would.

  8. Gosh

    The last survey had the ALP primary at 27, and now averaged with their new figures, that primary has fallen to 22.

    If that’s the case there must be some completely frightful polling coming out of Victoria.
    The un averaged – stand alone figures for Jan would, I assume, make for a startling read.

  9. It could work as a corrective for social desirability bias — the elusive “shy tory” effect — and non-response bias, where people who respond to pollsters tend to have more faith in the political system, which I imagine would have associated with Indigenous Voice support.

  10. @nadia88 – Yeah on the 3CP count Labor’s margin vs the Greens in Macnamara is only about 0.5%. They really have no wiggle room to go backwards which is why I’m tipping it as a Greens gain.

    Even if the Liberals get roughly a 10% (or more) swing in Prahran, I don’t think that necessarily indicates they will overcome a 12%+ 2CP margin in Macnamara, as that will partly be due to the unique circumstances of the byelection having no Labor candidate but an ex-Labor MP working closely with the Liberal candidate, even putting each other 2nd on their HTVCs.

  11. Victoria @ #46 Friday, January 24th, 2025 – 1:03 pm

    This year the metro tunnel will open a year ahead of schedule.
    Also over the last five years, the amount of level crossing removals has been amazing.

    There have been issues with the Westgate tunnel, due to dispute of contaminated soil, but that too is nearing completion.

    Let’s face it,Victorians love to whinge,it’s in our DNA but It’s a bit like discussing the weather, four seasons in a day.At the end of the day however we prefer it like that and look forward to tomorrow for the next change which is generally more of the same.
    The problem with the LNP is after selling just about everything that wasn’t bolted down last time they got a guernsey no one here in Vic really trusts them because there’s nothing really left to sell, so the buck stops with the tax payers who end up paying off the mythical debt hole.
    Take a look around Pakenham as an example to see what borrowing at historically low rates and spending it on useful infrastructure can transform communities into places people want to live and raise their kids.Truly an amazing transformation.
    But the LNP just bang on about how terrible in their minds that the Labor guvmint is and everything they (the guv) do and say is wrong wrong wrong!
    Yet what are the LNP going to do to better than the present competent Govt? Nothing ,because they are a bunch of incompetents that wish very hard to return Victoria to the 1950s.
    No, they may pick off the low hanging seats like Bass coast ( a place were many folk who long for the old times of the 1950s like to retire to) but generally speaking museums are nice but you can’t go back and live in them.

  12. Victoria,

    My personal read is that the Coalition and media have pretty much bungled a serious campaign against Labor’s infrastructure agenda. They’ve effectively backed themselves into a corner with the SRL and many of their complaints about the rest of the infrastructure agenda are either fantasy, irrelevant or made about the absence of projects in planning stages that will be completed when the election rolls around. It’s been genuinely bizarre to watch.

    I think the squeeze factors with infrastructure are going to be a) the disruption they cause and b) how well it keeps up with accelerating population growth. A) can definitely be improved upon and b) varies wildly across the state.

  13. Thanks Trent at 1.30.
    Yep makes sense. I was probably more thinking about the south eastern end of Macnamara, which won’t be polled on Feb.8
    But I sort of agree, that seat appears to be heading to a Fed Green pick up.

    Sorry to be a pest, just one final question on another seat – Wills (Not really relevent to this thread, but I’d thought I’d ask given you are around).

    What’s your read of Sam Ratnam’s prospects in Wills.
    I had it as a Green pickup, and when the polling soured Aug-Oct, changed my mind to a Labor retain.
    Green polling appears to have now picked up somewhat again.
    It has a high Muslim population, and going by what happenned in Leicester East (UK election) & Michigan in the U.S., it appears these voters chose to sit it out (not vote).

    I’m thinking the informal vote will rise in Wills, resulting in the ALP primary falling somewhat.
    Is it your read the seat will most likely go Green on the back of Socialist alliance and other assorted groups, or a Labor retain on a much reduced margin.

  14. About half of Prahran is outside Macnamara and the Prahran booths in Macnamara are the greens strongest but the most interesting booths will be in Prahran East because they in Kooyong and should be won by Ryan but if liberals start winning there they would be close to winning that seat.

  15. William

    “ It turns out that 559 refers only refers to the preferred premier question, and that the voting intention results, as usual, combine two monthly polling surveys with an overall sample size of 1124.”
    ————————————-
    Thanks. On that sample size the MOE is only 2%. This poll is a disaster for Vic Labor.

  16. Thanks William,

    I understand the logic to an extent, I’m just not really seeing how it would improve accuracy rather than distort it in another direction. If we held another referendum simultaneously with the general election, that would be another matter, but it will be a completely separate vote 2 years after the referendum where economic issues will likely predominate. I guess we shall see.

  17. Nadia88,

    Given we have compulsory voting and Australia’s involvement and influence in the conflict is considerably less than it is in either country, and that Labor has a position on these issues that is frequently in opposition to the UK and US Governments’, I can’t imagine the effect being as dramatic. Plenty of other factors at play in Wills that will make it interesting to watch, though.

    The Victorian Greens response to housing has also been messy, and they are really struggling to speak to people who aren’t their natural demographics. Their vote share in Wills has been relatively stagnant since 2010 despite Labor losing votes, and I wouldn’t say their broad campaign strategy has changed a great deal in that time.

  18. Bill

    The only project overrun in Victoria has been the Westgate tunnel, and as I mentioned due to dispute over contaminated soil.

    Housing prices are stable here in Victoria, which has been good for home buyers, especially first time buyers.

    Also Victoria is the number one state in Australia for approving and building homes. In the past year, Victoria have approved more than 52,000 new homes. This includes: 10,000new social and affordable homes through the Big Housing Build

    And the construction and building unions in other states have also been found to have serious issues. Not just Victoria.

  19. It was gratifying to watch President Trump and J.D. Vance squirming in their seats at the Washington Cathedral as a soft-spoken woman spoke truth to power.

    One of the most extraordinary and heartening aspects of the Trump inauguration was the courageous sermon by Bishop Mariann Budde.

    https://www.nytimes.com/2025/01/22/us/trump-bishop-plea.html

    In all of that tawdry coronation spectacle, Bishop Budde’s guts in taking on those two con men was a welcome dose of reality. She, in effect, challenged their lies about the unfortunate targets of their hate.

    And as Steve77 has noted, Trump demonstrated in his response, the kind of mean, little man that he is. But it clearly got under his skin, something that few have managed since the election.

    It’s unfortunate that her bravery in taking on the most powerful person on the planet was an exception. It should have been played in full on every network television newscast.

  20. Hi there Nadia….concerning your question and thoughts about the seat of Wills.
    Samantha Ratnam has been a high profile Greens candidate, Meri-bek Council Mayor and Greens MLC for Northern Melbourne and as a consequence is a very well known identity within the Wills electorate. The voting demographic has for well over a decade been steadily going Greens from the south (Brunswick and Coburg). Historically, Bell Street kind of divided the voting preferences – south of that street…strongly Greens….north of Bell Street….Glenroy, Fawkner…strongly Labor. In the west of Wills was a pocket of Liberal voters….and a lower % Greens. In recent years many new people have been moving into especially the northern parts of Wills (including Fawkner with its existing strong Muslim community and older Italian and Greek immigrant communities) and this has seen a growing non-Labor vote – including the Greens and one or other of two Socialist parties. The current Wills Laborfederal member while having an Egyptian background has not, according to reports, related well with many Muslims troubled by events in the Middle East. The recently established Muslim Votes Matter community group have come out and urged people not to vote for the Labor member for Wills. Meanwhile, the Greens campaign has been underway in Wills for some months. This has seen the employment of 4 day a week campaign manager and the opening of a campaign
    office on Sydney Road Brunswick. A large company of Greens supporters have already had over 20,000 conversations with householders in regular “door knocking” within the Wills electorate. Given the preceding, I think Labor could well lose the seat of Wills in 2025 and see Sam Ratnam become the second federal Greens from Victoria in the new House of Representatives.

  21. The stand out crimes here in Victoria which has also impacted other states are the tobacco wars.

    Unfortunately the movers and shakers of this crime syndicate are based overseas, and the feds have their bit to do, which we already know is problematic. Lol.

  22. @nadia88, I largely agree with Bugler’s comment above that the Gaza issue is probably being overstated, but there are other factors that I think will help the Greens there, including a very high profile candidate (former Victorian Greens leader), massive campaign, and simply just Labor’s position in Victoria significantly deteriorating. To me it’ll be close and I’d tip a Greens gain, but I’d probably rate it lower than Macnamara as a likely pickup, just because the Labor vote only needs to decline by <1% in Macnamara for it to be a probable Greens gain.

    The Caulfield tail of the seat I think will see an ALP to LIB swing in the Jewish community especially, but overall that might contribute 2% (or less) to the overall 2CP. That community only accounts for 12% of the electors and sits in what is already the most Liberal-voting part of the seat.

    William makes an interesting point on the Indigenous Voice support potentially being an indicator of political engagement and how that may influence the bias of who actually responds to polls, I had never thought of that angle.

    But otherwise I don't think the 'Voice' support would say much at all, because you can basically group the Voice results into 3 categories:
    – Around 40% who supported Yes the whole time;
    – Around 35% who supported No the whole time;
    – Around 25% who switched from Yes to No during the campaign

    (This is based on the pre-campaign 65-35 'Yes' lead in polling, to a 60-40 'No' result)

    That last category is the key one. That's 1 in 4 total voters, but almost 1 in 2 'No' voters. That means they are likely "soft" No voters who don't so much oppose a voice to parliament but were swayed by the 'If you don't know, vote no' campaign and were just uncertain about change.

    So this group doesn't necessarily tell us anything about whether they may be more culturally conservative or progressive, or more likely to be supportive of Battin or Pesutto, etc. But they are probably the group that are the least politically engaged, and therefore least likely to respond to a poll.

    Conversely, that 35% who were 'No' voters from the start, to me doesn't necessarily indicate that they are any less politically engaged or less likely to participate in a survey. So overall, I suppose I would exercise caution in adjusting for the Indigenous Voice results, because there isn't really a way to tell which of those two camps a 'No' voter might belong to.

    @Mexicanbeemer, you make a great point about the booth in Prahran East (Our Lady of Lourdes) and Kooyong. There are a lot of independents running in this byelection including one who is clearly a "Teal" type. If the Liberals get a very big primary vote swing there, it may indicate trouble for Monique Ryan. Not that I would expect relatively unknown INDs in a byelection to do well anyway, but a very strong Liberal result especially on primary vote and relative to the Greens’ result would be very encouraging for the Kooyong Liberals.

  23. Bugler

    The msm here in Victoria are generally anti Labor, so they will report as much negative news as possible. Meanwhile the talent pool in the liberal party is not deep at all.

    Having said that, there is every chance they will get the keys in November 2026

  24. @Victoria, you’re right that Victorian Labor actually have a very strong record to promote but are currently just not controlling the narrative. Part of that is obviously the very hostile media (including The Age now).

    That isn’t to say there aren’t some issues and flaws too, but things are not even close to as bleak as the media narratives portray. Labor’s challenge is to cut through in communicating that.

  25. Trent

    Of course, the vic govt is not perfect. They have not done everything as well as they could have.

    But generally, the state has progressed under their stewardship.

  26. Victoria I can you a tip, men aren’t happy with this Labor government.
    Resolve gender breakdown
    Male LNP 49
    Labor 21
    Green 8
    Ind 17
    Other 5

    Female LNP 36
    Labor 23
    Green 18
    Ind 16
    Other 6

  27. I was in Prahran yesturday and there were allot of signs on chapel street for the Greens, but is this the more Green friendly part of Prahran?

    I also noticed the electorate office just says “Member for Prahran” with no name on it, conpletely blank. Didn’t think they took Hibbins off it so quickly.

    I think people are overestimating the Lib chances too much, yes the Labor gov is bad but if Dutton is PM, why would Battin who is also on the right win? I can see Labor only losing Hastings and Pakenham if Dutton is PM meaning Labor holds at least 54 seats after 2026. Still a modest majority.

    Even if the poll is bad in Victoria, what seats are changing hands? It could still result in almost nothing changing hands. Perhaps McEwen, Hawke, Corangamite and Bruce would be more vulernable based on demographics and I think 1/4 will fall to the Libs, but I do expect Labor to recover during the campaign.

    I wouldn’t be surpised if the final poll before the election shows 51-49 or 50-50 federally, Labor will recover a little bit. But 100% chance of a hung parliament.

    Labor isn’t getting Chisholm because of the demographics and I still would not rule out Menzies and Deakin if Labor rebounds. I don’t see Casey going Labor despite the MRP poll saying its close. If they couldn’t win Casey on the retirement of Tony Smith, they aren’t getting it this time either.

    I didn’t include Aston (which should be recovered by the Libs) because technically the Libs still hold it notionally from the last election, If Labor win it, I’ll count it as a WIN/Gain but if the Libs win it, it will be a WIN/Recovery

    Coalition aren’t getting 17 seats unless they can take some of Frankston, Carrum, Bentleigh, Mordialloc, Narre Warren North, Narre Warren South, etc.

    And evidently those seats are Safe/Relatively Safe Labor seats, while these seats you would expect to swing big in normal circumstances if there is a change of gov (Like Camden and Riverstone in NSW) I do NOT anticipate these seats which have clearly trended Labor to be won the Battins Libs.

    And don’t even get me started on the eastern suburbs, Labor will hold all their seats there, with an outside possibility of adding 1-2 more to their tally.

  28. I hope the ALP are thinking like many on this site as they will be thumped at the Werribee By-Election then the Federal Election where I think the LNP can win 5-6 Seats minimum from the ALP plus Independents. Albo and the ALP thought and probably still do that Dutton will not appeal in Victoria. Time will tell.

  29. @Daniel, Chapel Street is really the heart of the electorate and I’d say represents the middle-ground / average vote for the seat.

    The most Liberal-friendly parts of the electorate would be the ‘Prahran East’ area between Williams Rd & Orrong Rd as it is more low density and borders Armadale & Toorak, and the area closest to Fawkner Park & Botanical Gardens. Both are still progressive leaning and the Greens won every booth in 2022, but they are areas where the Liberals easily outpoll Labor so they do better on the 2CP than they do elsewhere.

    The least Liberal-friendly parts are south of Dandenong Road: St Kilda & St Kilda East, as well as the very bottom end of Chapel St in Windsor.

    The heart of Chapel St through Prahran & South Yarra (especially between High St and Toorak Rd) probably best represents the seat overall.

    The Greens are by far winning in terms of visibility, corflutes & posters. I’ve seen around 30 Greens corflutes, and interestingly they are mostly on detached family houses too (their “base” is more young renters in apartments). I’ve only seen 1 Liberal corflute and it’s on a house that has one at every election.

  30. Before the 2026 election date rolls around, the bond market will be punish Victorian Goverment bonds the debt is not sustainable and the easy tax hikes are already done. Troubled times they come for this state and government.

  31. Thanks all for your comments re: Wills etc and this recent poll. This one came out of left field, but really continues the trend since early June. Victoria will have a major impact on the PM’s future on the basis of Labor holding 24 out of 38 seats. Tide is only going to go out.

    Daniel T – per eastern suburbs of Melb. If they’re still polling 25% in 20 months time, they are going to get smashed. Very difficult for a gov’t to recover from these sorts of figures. Looking a bit like the Rishi Sunak phase of the last UK gov’t.

    Hey michael – good to see you back on the site too. I saw that 49% primary from men. It’s probably higher – gents usually aren’t the best at filling out polls. I honestly haven’t seen figures like this for years.

  32. William, Donkey votes are very rare and becoming rarer so I doubt ballot order will change much, maybe a few hundred votes at most but it won’t come down to that.

    The coalition can’t wins seats Kenett didn’t even win in 92′ and 96′

  33. Werribee and Pahran will both be fascinating, for various reasons well highlighted above by Nadia and others.
    Federal implications? The Liberals would fancy their chances in Chisholm, Aston, Corangamite, Dunkley and McEwen, also at least one of the Teal seats – Kooyong maybe.
    Menzies is notionally a Labor seat now due to the redistribution, but I doubt that the existing Liberal MP will have any trouble retaining it.

  34. SeeAroundCorners says:
    Friday, January 24, 2025 at 4:50 pm
    Before the 2026 election date rolls around, the bond market will be punish Victorian Goverment bonds the debt is not sustainable and the easy tax hikes are already done. Troubled times they come for this state and government.
    ================================
    Yep. I’m keeping an eye on S&P’s, Moody’s and Fitch Ratings, for that too.
    There was a warning issued in August 2024 I believe, but when it happens, it’s quick.

  35. Looks like the swing is on Democracy Sausage. Thks for your nice words on the open thread too. I just had a quick scroll thru. Looks like “Banquo” is in the firing line today.

    I’m tipping both seats to the Libs, but I have taken note of Trent and others today.
    Prahran will be fascinating, just to see if the Greens cop any anti-Labor blowback.
    The Green vote federally, just seems to be holding up in Vic.

    Per federal divisions the Libs should pick up, i agree with those seven divisions you listed. I’ll add
    * Monash, &
    * Goldstein.

    I’m watching closely:
    * Hawke,
    * Bruce,
    * & Indi (especially if the LIB and NAT party stop running seperate candidates). I understand Haines is well regarded, so she may be under no threat.

  36. Hi Nadia, always around when elections are coming up.
    Resolve was 55.5 LNP 2pp which is a 10% swing from 2022.
    I think Werribee with a 10% margin is lineball and the LNP can win if Resolve accurate as byelections always swing more usually. Greens should hold Prahan as inner city electorate and a 12% swing is too much to expect.

  37. Hi michael,
    Looking very grim for Labor federally.
    25% in Vic, 27% in NSW – and there’s about 14 weeks until an election.
    Are you getting close to making an assessment or are you waiting for newspoll and the other February polls. I know January polling is a bit tricky, but it hasn’t gone well for Labor – couple of polls with the primary back under 30%.

    Per state politics. Yes, i’m probably out on a limb with Prahran, but I’ll stick with what i’ve said.
    Most are suggesting a slimmish Green win.
    Werribee – very much lineball. As you said, 10% swing on, and that’s what’s required.

    Will be an interesting night come Feb.8

  38. Yes Nadia waiting for Newspoll to see if there is a slump in the Labor vote which should be 2nd Feb.
    Bludger track has to hit at least 51 LNP for them to have a chance as all the teals will support Labor on climate policies etc.

  39. By what Postcodes are they polling these 560 people (of how many voters?) – and to arrive at a narrative media in Victoria have been prosecuting for over 10 years?

    So the red-necks at the foot of and in the Dandenong Ranges driving their tractors?

    Anyway, a conversation at lunch today:-

    What say we go back to the 1960’s when a female, upon marrying, had to retire from the workplace (which was the circumstance in the Banking Industry in the mid 1960’s – no married women employed, the GM’s Secretary a Miss in her mid 50’s and tough as).

    Partnered today of course except that 2 partnered ladies as a couple are banned from the workplace because we can not have that!!

    This would create employment for males as the bread-winner, reduce household incomes, reduce consumer spending including for vehicles (so back to bicycles and walking) AND reduce what you can afford to pay by way of mortgage servicing, forcing house prices down to where they were in the 1960’s

    And forcing inflation down.

    So will Nuckleer Pete and his Tories be game enough?

    This would also accommodate the Pentecostals, producing children courtesy of God and increasing the population by organic growth instead of reliance on migration.

    So we can then send all those Pesky migrants back to where they come from.

    ALL problems solved.

    And Nuckleer Pete can replicate the Korean Peninsular and Vietnam of the 1960’s, declaring War and sending anyone not voting for him off to that War, hopefully killed in action.

    Brilliant.

    And no one will want to associate with Australia so we will not have to instruct Embassies and those attending the tennis to fly the one and only Australian flag exclusively.

    Because they will not be in Australia.

  40. The Bond Market will punish Victorian State Bonds (by 2026)

    Really?

    So if we get a Tory federal government Australia will follow NZ into recession on the back of austerity delivering confidence and that confidence trickling down with interest rates being sharply reduced to support the economy
    (the reason interest rates are always lower under a Tory government to quote Howard)

    Otherwise inflation will stabilise within the RBA band which is 2/3%, with Bond Yields reflecting this drop once the Target Cash Rate reduces (so February as the first such move possibly with 3/5 further moves lower to align with inflation and the impact of inflation on interest rates

    Noting the maturity dates of these Securities – so long term and factored into percentage of GDP which will grow for a raft of reasons

    So I call nonsense on the speculation re Bond Yields in 2026- noting the impact of Trump which has seen Yields adding 50 basis points over the last couple of weeks (and Trump attempting to pressure the Federal Reserve to reduce rates – and for the oil price to fall. Really???)

    Either way we have passed the peak in regards interest rates – and the RBA band will stabilise Markets going forward

    In regards Victoria, we have 9 Grandchildren, 2 not yet at Kinder/school

    So our children have an appreciation of the capital works being attended at schools AND the supports in regard back to school costs

  41. Peter Csays:
    Friday, January 24, 2025 at 5:47 pm
    By what Postcodes are they polling these 560 people (of how many voters?) – and to arrive at a narrative media in Victoria have been prosecuting for over 10 years?
    _____________________
    FFS
    I think we have reached peak denial.

  42. Peter Csays:
    Friday, January 24, 2025 at 7:08 pm
    In regards Victoria, we have 9 Grandchildren, 2 not yet at Kinder/school
    So our children have an appreciation of the capital works being attended at schools AND the supports in regard back to school costs.
    _____________________
    Good for them.
    They would be included in the 22%.
    Doesn’t really change things does it.

  43. I went through the public system R-12 and the teachers especially high school did not give a f..k. Not all but most. The education union is happy as it is more money for them to sit on their asses.

  44. Didn’t take long for the ‘senior Govt sources’ and ‘those close to the Premier’ to run to the Heraldsun to further undermine the Premier and the SRL.

    And it would be typical of Federal Labor to not see the benefits of the SRL, but rather the perceived politics of it.

    https://www.heraldsun.com.au/news/victoria/federal-plan-to-pause-suburban-rail-loop-so-melbourne-airport-rail-can-be-fast-tracked/news-story/4bb0f1d5293ea071601b707517782a36

  45. Rex – the polling is now “falling off a cliff”, in Victoria.

    The undermining appears to have begun. Expect more by-elections this year from Vic Labor.
    Heading into Rishi Sunak territory. The polls were bad for Victoria late 2024.
    The opening polls for 2025 are a complete disaster.
    22% ALP Primary. 49% of men are apparently giving their primary vote to the LNP.

    As I keep repeating, Albo first, Jacinta second.

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