AUSTRALIA – POLITICS AND GOVERNMENT

Taylor backers plot mass resignations as Ley’s allies invoke Turnbull hardball tactics

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Original article by Paul Sakkal
The Age – Page: Online : 11-Feb-26

Opposition leader Sussan Ley is under renewed scrutiny amid growing speculation of an imminent move to oust her. Sources have indicated that Liberal MP Angus Taylor is preparing to resign from the shadow frontbench as a prelude to launching a leadership challenge. Supporters of Taylor are also believed to be planning to quit the frontbench en masse in order to put further pressure on Ley. MPs from the Liberals’ moderate and conservative factions have urged Taylor to declare his hand. Meanwhile, Ley’s supporters want her to invoke a rule that requires a majority of the partyroom to sign a petition calling for a leadership ballot. Former prime minister Malcolm Turnbull used the same rule in 2018 in an attempt to ward off a challenge by Peter Dutton; Scott Morrison won the resulting ballot.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

The Geoff Wilson model for CGT change

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Original article by Matthew Cranston
The Australian – Page: 1 & 4 : 10-Feb-26

Wilson Asset Management’s founder Geoff Wilson supports changes to the capital gains tax discount for existing homes. He stresses that any such reforms must be revenue-neutral rather than a budget "cash grab". Wilson adds that CGT reforms must ensure that capital is moved from non-productive assets such as property to productive assets. He says one option would be to reduce the CGT discount for purchases of existing houses for investors to about 25 per cent while increasing the discount on investing in Australian businesses to 75 per cent. Wilson will appear before a Senate Inquiry into CGT in coming weeks. The CGT discount applies to any asset that has been held for at least 12 months.

CORPORATES
WILSON ASSET MANAGEMENT

Federal Voting Intention: ALP loses support as Reserve Bank raises interest rates – on a two-party preferred basis ALP 53.5% (down 2.5%) cf. L-NP Coalition 46.5% (up 2.5%)

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Original article by Roy Morgan
Market Research Update – Page: Online : 10-Feb-26

The Roy Morgan Poll from February 2-8, 2026 shows primary support for the ALP down 2% to 28.5%, One Nation down 0.5% to 24.5%, and the L-NP Coalition up 2% to 22.5% – interviewing for the survey was completed before the Coalition re-united on Sunday afternoon. Support for the Greens was up 1% to 13.5% and support for Independents/Other Parties was down 0.5% to 11%, according to the latest Roy Morgan survey conducted with a representative Australia-wide cross-section of 1,584 electors. On a two-party preferred basis, the ALP is 53.5% (down 2.5% from a week ago) ahead of the Coalition on 46.5% (up 2.5%). When preferences from this week’s Roy Morgan survey are allocated based on how Australians voted at the 2025 Federal Election the two-party preferred result is closer than the respondent allocated preferences with the ALP on 53% (down 1.5%) leading the L-NP Coalition on 47% (up 1.5%).

CORPORATES
ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

Taylor claims to have numbers but Ley digs in

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Original article by Phillip Coorey, Ronald Mizen
The Australian Financial Review – Page: 4 : 10-Feb-26

Sources close to Opposition leader Sussan Ley contend that there is "zero chance" of her stepping aside, despite ongoing scrutiny over her future and dismal public opinion polls. Members of the Liberal Party’s moderates faction have expressed support for Ley, and dispute claims by supporters of would-be leadership contender Angus Taylor that he has sufficient numbers in the party-room to force a spill and win the resulting ballot. However, shadow attorney-general Andrew Wallace says the focus should be on rebuilding the newly-unified Coalition, arguing that the Liberals will face a backlash if the party’s first female leader is ousted.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

Bernardi backs One Nation to replace Libs

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Original article by David Penberthy
The Australian – Page: 7 : 4-Feb-26

Former Liberal senator Cory Bernardi says that frustration over the lack of a viable opposition in South Australia was a key driver of his decision to re-enter politics. The state election will be held on 21 March, and Bernardi says the SA Liberals have failed to make any inroads against Premier Peter Malinauskas. Bernardi will be the lead candidate on One Nation’s ticket for the state’s upper house; he says that One Nation could potentially replace the Liberals as Australia’s major conservative party. He adds that voters are desperate for both a political alternative and an open environment where they can state their views without being criticised.

CORPORATES
ONE NATION PARTY, LIBERAL PARTY OF AUSTRALIA

Last-ditch bid to reunite Coalition

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Original article by Greg Brown
The Australian – Page: 1 & 7 : 4-Feb-26

It has been revealed that Opposition leader Sussan Ley outlined several ‘non-negotiable’ conditions in talks with National Party leader David Littleproud about re-forming the Coalition. However, some Nationals MPs are said to have firmly rejected a requirement for three of its senators to remain relegated to the backbench for six months; their decision to breach shadow cabinet solidarity rules by voting against Labor’s hate speech laws had prompted the Coalition to split for the second time in less than a year. Nationals MP Llew O’Brien has indicated that he will not support reunification unless the Liberals and Nationals agree to repeal the hate speech laws. Littleproud is expected to seek another meeting with Ley today in a final attempt to reach a deal between the former Coalition partners.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Treasurer under pressure to fix budget after RBA lifts rates for first time in two years

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Original article by Shane Wright, Millie Muroi
The Sydney Morning Herald – Page: Online : 4-Feb-26

The Opposition contends that Treasurer Jim Chalmers must accept responsibility for yesterday’s increase in official interest rates to 3.85 per cent. Shadow treasurer Ted O’Brien said in parliament that the 25 basis point increase is a direct consequence of the govermment’s "addiction to spending", arguing that it has kept inflation higher for longer. Chalmers has rejected suggestions that government spending has contributed to a rising inflation rate, noting that the Reserve Bank’s monetary policy statement did not mention it. Reserve Bank governor Michele Bullock has declined to commence on whether government spending is to blame for rising inflation, and noted that the central bank considers both private and public sector spending. The Reserve Bank now does not expect inflation to return to its target range of 2-3 per cent until mid-2028.

CORPORATES
RESERVE BANK OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, LIBERAL PARTY OF AUSTRALIA

Federal Voting Intention: ALP maintains big two-party preferred lead as One Nation support surges to 25%

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Original article by Roy Morgan
Market Research Update – Page: Online : 3-Feb-26

The Roy Morgan Poll from January 26 – February 1, 2026, shows primary support for the ALP unchanged on 30.5% and One Nation support up 2.5% to a new record high of 25%. Support for the Liberals dropped 2% to 18%, Nationals were unchanged on 2.5%, Greens were down 0.5% to 12.5% and an unchanged 11.5% supported Independents/Other Parties, according to the latest Roy Morgan survey conducted with a representative Australia-wide cross-section of 1,401 electors. On a two-party preferred basis, the ALP is 56% (down 0.5% from a week ago) ahead of the Coalition on 44% (up 0.5%). When preferences are allocated based on how Australians voted at the 2025 Federal Election the two-party preferred result is closer, with the ALP on 54.5% (unchanged) leading the L-NP Coalition on 45.5% (unchanged).

CORPORATES
ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

Former senator Cory Bernardi is One Nation’s latest recruit

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Original article by Paul Sakkal
The Age – Page: Online : 3-Feb-26

One Nation leader Pauline Hanson has confirmed that former Liberal senator Cory Bernardi has joined the right-wing minor party. He will be One Nation’s lead candidate im the upper house in the upcoming state election in South Australia; Bernadi says SA is essentially a one-party state, because it currently has no effective Opposition. Bernadi left the Liberals in 2017 to establish the Australian Conservatives, but he disbanded the party in 2019 and resigned from parliament in early 2020. There is speculation that Liberal senator intends to defect to One Nation, amid growing support for the party in public opinion polls.

CORPORATES
ONE NATION PARTY, LIBERAL PARTY OF AUSTRALIA

First steps to seal Coalition rebirth

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Original article by Greg Brown
The Australian – Page: 1 & 5 : 3-Feb-26

The National Party’s 14 MPs are expected to sit on the lower house’s crossbench today, with a deal to rebuild the Coalition unlikely to be struck before parliament sits for question time. Liberal leader Sussan Ley and Nationals counterpart David Littleproud held talks aimed at mending the rift on Monday evening. The Nationals’ deputy leader Kevin Hogan says there was goodwill on both sides and a lot of progress had been made. The Liberals and Nationals will both hold partyroom meetings today, with Gippsland MP Darren Chester expected to receive strong support for a motion to reunite the Coalition as quickly as possible; some Liberals are said to be considering a similar motion. Meanwhile, a leadership challenge against Littleproud failed on Monday after the Nationals’ partyroom rejected a spill motion put forward by backbencher Colin Boyce.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA