Labor hits equal lowest poll as fifth rate hike looms and Albanese attends
Labor's primary vote fell to 27 per cent, equal to its lowest since 2022, as another cash rate rise expected this week.
Prime Minister Anthony Albanese is overseas in Antigua and Barbuda attending Commonwealth meetings as his government faces a fifth interest rate hike and falling political support. The latest Newspoll shows Labor's primary vote at 27 per cent, its lowest since Albanese took office.
One Nation is at 28 per cent while the Coalition sits at 21 per cent. A separate poll puts the Coalition at 24 per cent and climbing.
Treasurer Jim Chalmers has his lowest net approval at 16 per cent among senior ministers. Albanese himself stands at minus 23 per cent.
The Reserve Bank is expected to raise rates again on Tuesday, adding pressure on borrowers who are already struggling.
- 27 per cent
- Labor primary vote
- 16 per cent
- Jim Chalmers net approval
- Minus 23 per cent
- Albanese net approval
Why it mattersVoters are losing faith in Labor's economic management as borrowing costs pile up, while the Coalition gains ground before the next election.
AustraliaAustralian households and businesses face another rate rise this week, while political instability increases the chance of policy shifts around inflation and spending.
Corroborated byperthnow.com.au
✓ Claims checked against the source. checked 2 h ago
