Original article by Roy Morgan
Market Research Update – Page: Online : 21-May-24

The following are some reasons the ALP vote has declined: In a climate where Australians are concerned about cost of living, inflation, and the housing crisis, the Reserve Bank has drawn a causal link between the housing crisis and immigration levels. The Reserve Bank has stated high immigration is driving rental inflation and this creates a housing crisis for many Australians. The Government’s failure to tackle high immigration – Coalition Leader Peter Dutton has stated the Coalition will cut annual permanent migration to 140,000 – is hurting the Government. The Government’s commitment to hand billions of dollars as tax rebates to Australian billionaires to create ‘clean technology’ such as ‘Green Steel’ has not resonated with electors; and in addition the $300 per year household electricity rebate will be only a ‘drop in the bucket’ compared to increasing mortgages and rising food prices.

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