Labor and Coalition have shrunk before the Trumpian election challenge
Neither the government nor the alternative government has sought to win a mandate for the meaningful policy reform necessary to successfully navigate the volatility that lies ahead.
Anthony Albanese appears close to flipping the script as he enters the final week of the election campaign. The conventional wisdom a month ago was that incumbency might prove a curse for the government after living standards went backwards due to high inflation on Labor’s watch over the past three years.
Instead, Peter Dutton’s bid to render Albanese the first one-term prime minister since the Great Depression of the 1930s has been sideswiped by the global uncertainty unleashed by Donald Trump’s “America First” tariff policy and the Coalition’s lacklustre campaign.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
