These are the
betting odds for each party as collected by Frogman.
Note that the odds are determined by the betting patterns more than the
opinion polls.
Always gamble responsibly.
| Party/Bookmaker |
Bet365
|
Bet(easy) |
Sportsbet |
TAB
|
| Labor |
1.25 |
1.22 |
1.24 |
1.22 |
| Coalition |
4.00 |
4.20 |
4.00 |
4.00 |
| Hung Parliament ~ NO |
1.12 |
1.18 |
1.15 |
|
| Hung Parliament ~ YES |
5.50 | 4.50 |
5.00 |
Today is Wednesday the 8th of May 2019 and there are 10 days to go. I will be referring to the two main party leaders as ScoMo (Coalition) and BillS (Labor) as I am bored with typing out their full names.
Friday the Federal election leaders debate was basically a rerun of
the previous Mondays debate but this time with more passion.As per
usual the worm favoured BillS at 43% to 41%. A bet on BillS is always a
win.
Sunday was the official opening of the Labor Party campaign. Many previous PMs were in attendance and even those that hated each other managed to smile and be civil. The most popular speech was by ex PM Paul Keating who was famous for "the recession we had to have". He put his foot in his mouth again by calling ASIO "nutters" amongst other things.
Chris Bowen(Labor) debated with Josh Frydenberg(Coalition) about the upcoming budget and Frydenberg stated categorically that there would be no company tax cuts. Bowen expressed concerns that proposed interest rate cuts showed that the economy was in trouble.Frydenberg gave a no comment response. Incidentally the Reserve Bank left the interest rates on hold.
Most countries have a first past the post voting system and under
this system according to the Monday IPSOS figures the Coalition would
win by 36% to 33%. The Greens managed 14%, One Nation 5% and Palmer's
UAT 3%. Under
Australia's preferential voting system it is imperative that both major
parties have a preferences deal with the minor parties however
distasteful it seems.
I was busy feeling sorry for Tony Abbot (Coalition ~ ex PM) and I gave very little to Pauline Hanson (One Nation) even in spite of her tears. Tony has tried to be a model citizen with his unpaid service with the SES, RFS and RLSA plus his charity bike rides and so on. In spite of this Tony has managed to generate as much hate as Donald Trump. There are a number of people competing for his seat and he had a face-to-face with one, Zali Steggal. You can see a report here.
It becomes obvious that ScoMo should stop being negative about BillS's climate change policies and instead, ignore BillS's and push his own climate solutions as affordable, practical and Australia friendly. Scomo can get more supporters if he just says that he is doing it and doing it cheaper. What ever leader wins Mother Nature still rules.
After a slow start BillS has come out defending Labors policies with
the claim that no one can give an honest costing until it is
implemented. This may be a good excuse when one is in opposition but it
is expected that a rigorous cost analysis is made before what is
essentially a new business is allowed to go ahead. Many Australians
will remember that a Labor government under Rudd with "the worlds
greatest treasurer" Swan turned a huge surplus into a gross debit. The
money that is available to be spent is estimated at just under half a
trillion Australian dollars.
The Greens have lived up to their poor reputation both as supporters and candidates by attempting to 'egg' ScoMo, and a candidate George Hanna called the Coalition indigenous candidate a 'coconut' (white on the inside and brown on the outside). It can't be long before Penny Wong (Labor) gets called a 'banana'.
Although the Coalition passed legislation to reduce tax dodging by
foreign and Australian companies
Labor wants to introduce more draconian legislation. Tax dodging by
companies is a problem all over the world and the Sydney Morning Herald
reviews the Australian tax dodgers here.
There is a movement to tax delinquent companies with a 'Gross Receipts Tax'.
Thanks for reading such a dull subject.
About the author:
Over the last half century I
have voted for both sides of politics and I even voted for Fred Nile
when the other choices piqued me. I think politicians
should have fixed terms and be Australian born, or at least a citizen
for 12 years, especially the prime minister. I don’t like political
correctness, Marxism or fake news. All of the above probably colours my
writing somewhat.
This article is written in Australian English with some vernacular. All content on this website including reference data is for informational purposes only and this information should not be considered complete accurate or up-to-date and while all care is taken no responsibility is accepted or implied. Original work © Copyright MMXIX Frogman all rights reserved. All trademarks, service marks, trade names, product names, pictures and logos appearing on this site are the property of their respective owners. Frogman does not necessarily endorse or agree with any comment or political view expressed or implied and is not liable for any infringement of copyright arising out of materials posted on or transmitted through the site, or items advertised on the site, by end users or any other third parties.
