Liberal Party is yet to heed the message sent in Werribee
State and federal oppositions will draw encouragement from the byelection result. But neither has shown voters a coherent and credible budget and economic strategy.
Voters in the Victorian byelections held in the seats of Werribee (previously held by former state treasurer Tim Pallas) and Prahran (previously held by the Greens) appear to have sent two distinct messages to Victoria’s – and perhaps to Australia’s – major political parties.
First, and most clearly, voters are angry at the management of Victoria’s public finances by the Labor governments led by Dan Andrews and, more recently, Jacinta Allan.
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Saul Eslake is former chief economist of ANZ Bank and of Bank of America Merrill Lynch in Australia, and is now principal of Corinna Economic Advisory based in Hobart.
