/ 16 May 2022

The election campaign turns the corner towards home

Image source: AAP
Image source: AAP

THE SQUIZ
There are 5 more sleeps until we find out if PM Scott Morrison’s Coalition will lead the nation for a 4th term or if we’ll experience the 7th change in government of the last 50 years under Labor’s Anthony Albanese. Or there could be a hung parliament – and it could take ages to work out who has won. You catch our drift – there’s …

DID I SEE THAT THE COALITION ‘LAUNCHED’ ITS CAMPAIGN YESTERDAY?
You did… It’s less a ‘launch’ and more of an opportunity to get the gang together and for the leader to wax lyrical. But there is a technicality to note: after the party in power officially launches their campaign, everyone starts paying their own transport and associated campaign costs. Us taxpayers have footed the bill until now… But to yesterday’s events, Morrison said he’s “just warming up” after steering the country through “one of the most challenging times we have ever known”. He announced a big new housing policy: first home buyers will be able to access their superannuation (up to $50,000/40% of their savings – whichever is lower) to help make that purchase. It’s the Coalition’s answer to Labor’s policy that makes the federal government a part-owner of 10,000 scheme participant’s homes. The major parties agree on one thing: Australians over 55yo will be able to put $300,000 into their superannuation from the sale of their home, among other rule changes.

GOOD TO KNOW, BUT WHERE IS THIS ALL HEADING?
Dunno. But as we head into the final week, Labor remains the favourite to win Saturday’s election. And it’s the Coalition’s inability to reel in Labor that saw Morrison change tack on Friday when he said he can be “a bit of a bulldozer” and that Australians would see “a lot of other gears in the way I work” if he is re-elected. And yesterday he said: “I’ve got a big plan. I’m seeking a second term because I’m just warming up.” Labor’s Albanese didn’t miss with his response: “A bulldozer wrecks things. A bulldozer knocks things over. I’m a builder. If I’m elected prime minister, I will build things in this country.” And yesterday, he quipped that “even Scott Morrison is distancing himself from Scott Morrison”. As we said, 5 sleeps to go…

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