SYDNEY - Recent polling indicates a notable decline in the governing Labor party's primary vote, now sitting at 29 per cent, a 3 percentage point drop this month. This comes as voter sentiment towards the recent budget reveals significant apprehension. Only 24 per cent of electors believe the budget will benefit their households, the lowest figure recorded by Resolve Political Monitoring, with 35 per cent stating it will be detrimental and a substantial 41 per cent remaining undecided.
The dip in Labor's standing coincides with shifts in the minor party landscape. Support for One Nation has climbed 2 percentage points to 24 per cent, while The Greens remain static at 12 per cent. Meanwhile, the Coalition's support has held steady at 23 per cent, a figure described as nearing a record low in the same poll. Public opinion on the opposition leader's performance is also divided, with a significant 34 per cent of voters expressing indecision.
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The budget's proposed changes to tax policy, specifically the removal of the 50 per cent Capital Gains Tax (CGT) discount and restrictions on negative gearing, appear to be areas of considerable public uncertainty. Polling suggests 36 per cent of voters favor removing the CGT discount, contrasted by 21 per cent opposition and 42 per cent undecided. Similarly, 35 per cent support restricting negative gearing, with 21 per cent against and 44 per cent undecided.
These figures emerge in the context of broader questions about government accountability and election promises. Analysis of past commitments, such as those detailed for the Albanese government following the last election, highlights the political sensitivity surrounding delivery on stated intentions. Examining a list of 66 promises, some policy areas, like defence spending, are seen as having been managed on par with previous governments and international comparators. The political calculus of keeping or breaking promises remains a persistent factor in voter perception.
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