Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Aug-16

Although the result in the House of Representatives at the recent Federal Election was disappointing, the result in the Senate is probably better for Prime Minister Malcolm Turnbull’s leadership. The increase in the cross-bench at first appears challenging for the Turnbull Government; however, the fact is that most of the new Senators are right-of-centre and likely to be favourable to the Government’s broader Budget and policy agenda. Two of the most important policies the Government took to the election were significant corporate tax cuts and the re-introduction of the Australian Building and Construction Commission (ABCC) to improve workplace productivity in the Construction industry. Despite the challenges, the Government should be able to pass these important reforms which will stimulate an Australian economy still dealing with the end of the mining boom.

CORPORATES
ROY MORGAN RESEARCH LIMITED