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Albanese's Trust Plummets After Budget Tax Changes

A Resolve poll finds widespread debt anxiety and rising support for One Nation that create a political threat to Labor.

Overview

  • The Resolve Political Monitor, conducted Sept 6–12 and surveying 2,250 voters, shows 57% now say they do not trust Prime Minister Anthony Albanese.
  • Forty-one percent of respondents said they are less likely to vote Labor because the May budget broke promises on negative gearing and the capital gains discount.
  • Seventy-four percent of voters are worried about federal debt and 48% want the government to cut spending to reduce deficits.
  • Labor’s primary vote held at 28% while One Nation rose to 27% and public belief that One Nation could win jumped from 17% to 28%, boosting protest-vote dynamics.
  • A clear policy trade-off has emerged: 59% back lower house prices from the tax changes even as the measures have damaged Albanese’s personal standing and drawn public criticism from figures such as Kevin Rudd and Bill Kelty.