AUD @.7140
Range bound so it seems but on Saturday there is a Bi-election.
This was triggered by the PM being ousted and he left the seat in his electorate.
Normally this seat is quite conservative one of the current govt safest seats.
The latest polls suggest that an independent may take the seat which will be a big blow for the govt on 2 fronts.
1. Loss of support which can be addressed later but the biggest issue is that the govt can no longer rule with a 1 seat majority which means it needs to go to the cross benches for power.
This will probably make the current govt unworkable which puts it in limbo.
Australia will be floating like a cork in the ocean until the next election where the opposition have a cleared lead, the socialists take over and tax tax and more tax takes Australia into the abyss .
Range bound so it seems but on Saturday there is a Bi-election.
This was triggered by the PM being ousted and he left the seat in his electorate.
Normally this seat is quite conservative one of the current govt safest seats.
The latest polls suggest that an independent may take the seat which will be a big blow for the govt on 2 fronts.
1. Loss of support which can be addressed later but the biggest issue is that the govt can no longer rule with a 1 seat majority which means it needs to go to the cross benches for power.
This will probably make the current govt unworkable which puts it in limbo.
Australia will be floating like a cork in the ocean until the next election where the opposition have a cleared lead, the socialists take over and tax tax and more tax takes Australia into the abyss .