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L-NP Suffers Big Loss in Support After Rate Increase

Finding No. 3843 - March 16, 2005

In early March, shortly after the Reserve Bank of Australia announced a rise in interest rates, primary support for the L-NP Coalition fell 4% to 42%, 4.4% below the result obtained by the L-NP at the recent Federal election. Support for the ALP rose 4.5%, now at 43%. This is 5.4% above the ALP result at the Federal election and the highest result it has received since.

If preferences of minor parties were allocated as they were at the 2004 Federal election (ALP — 60.5%, L-NP — 39.5%) the two-party preferred vote would be ALP — 52%, L-NP — 48%. Had an election been held in early March, the ALP would have won, the latest Morgan Poll finds.

Among the minor parties, support for the Greens was 7% (down 0.5%), Australian Democrats 1.5% (down 0.5%), Family First 2.5% (up 1.5%), One Nation 1% (up 0.5%) and Other Parties and Independent Candidates 3% (down 1.5%).

Gary Morgan says:

“The substantial loss in support for the L-NP and the swing to the ALP is the electorate’s knee-jerk reaction to the rise in interest rates.

“In the same period, Roy Morgan Consumer Confidence recorded a drop of 10.5 points — the largest drop since October 2001. Now at 121.5 points for March, the drop further indicates the electorate’s caution towards Australia ’s economy. (See www.roymorgan.com/news/polls/2005/373/ )

“A telephone Morgan Poll conducted last week also showed that the majority of the electorate (63%) disapproved of Prime Minister John Howard’s decision to send an extra 450 Australian troops to Iraq . (See www.roymorgan.com/news/polls/2005/3842/ )

“The next Morgan Poll on Federal Voting Intention will be released this Friday, March 18, and will show whether the swing to the ALP will be sustained.”

During the period:

•  The Reserve Bank of Australia (RBA) announced interest rates would rise by 0.25%. Further rate rises have been hinted at, with one of the top officials of the RBA indicating that the Bank will not be deterred by Australia ’s week GDP figures.

•  It was revealed that Australia ’s current account deficit blew out by almost $1 billion in the final three months of last year. Federal Treasurer Peter Costello said the figures indicate Australia needs to improve its export performance.

•  Roy Morgan Consumer Confidence fell 10.5 points to 121.5. This is the largest fall since October 2001. (See /news/polls/2005/373/ )

On the question of who the electorate thinks will win the next Federal election, the L-NP is leading the ALP by 26%. Now 57% (down 6.5% since late February) of electors think the L-NP will win the Federal election while 31% (up 7.5%) think the ALP will win (12% can’t say).

This latest Morgan Poll on Federal Voting Intention was conducted face-to-face on the weekend of March 5/6 2005, with an Australia-wide cross-section of 1,015 electors. Electors were asked: “If a Federal election for the House of Representatives were being held today - which party would receive your first preference?” Of all electors surveyed, 3.5% (down 0.5%) did not name a party.

 

For further information:

Gary Morgan:

Office (03) 9224 5213

Mobile 0411 129 094

Home (03) 9419 3242

Michele Levine:

Office (03) 9224 5215

Mobile 0411 129 093

Home (03) 9817 3066

THINK WILL WIN

Respondents were asked: "Regardless of who you'd like to win, who to you THINK will win the next Federal election - the Liberal-National Coalition ot the Labor Party?"

Think Will Win
           L-NP
           ALP
     Can't Say
  % % %
October 30/31 & November 6/7, 2004 56 28 16
November 13/14 & 20/21, 2004 55.5 30 14.5
November 27/28 & December 4/5, 2004 63.5 23 13.5
December 11/12 & 18/19, 2004 64 23.5 12.5
January 8/9 & 15/16, 2005 69.5 19.5 11
January 22/23 & 29/30, 2005 67 21.5 11.5
February 5/6 & 12/13, 2005 67 21.5 11.5
February 19/20 & 26/27, 2005 63.5 23.5 13
March 5/6, 2005 57 31 12

 

FEDERAL VOTING INTENTION SUMMARY - HOUSE OF REPS (%)

PRIMARY VOTE L-NP ALP Aust.
Dem. #
The
Greens

Family

First#

One
Nation #
Ind./
Others#
Election March 2, 1996 47.3 (8.6) 38.8 6.8 1.7 * N/A 5.4
Election October 3, 1998 1 39.5 (5.3) 40.1 5.1 2.1 * 8.5 4.7
Election November 10, 2001 43 (5.6) 37.8 5.4 4.4 * 4.3 5.1
Election October 9, 2004 46.4 (5.9) 37.6 1.2 7.2 2 1.2 4.4
MORGAN POLL
Oct 30/31 & Nov 6/7, 2004 44.5 (2.5) 39.5 2 8.5 2 1 2.5
Nov 13/14 & 20/21, 2004 44 (3) 39 2 8.5 1.5 1 4
Nov 27/28 & Dec 4/5, 2004 46.5 (2.5) 36 1.5 9 2.5 1 3.5
Dec 11/12 & 18/19, 2004 45.5 (3) 36.5 1.5 9.5 2 1.5 3.5
Jan 8/9 & 15/16, 2005 47 (3.5) 37 1.5 7.5 2 1 4
Jan 22/23 & 29/30, 2005 45 (2.5) 38 2 8 2 1.5 3.5
Feb 5/6 & 12/13, 2005 45 (2.5) 37.5 2 9 2 1 3.5
Feb 19/20 & 26/27, 2005 46 (2.5) 38.5 2 7.5 1 0.5 4.5
Mar 5/6, 2005 42 (2.5) 43 1.5 7 2.5 1 3

Note: National Party results are in brackets
# Sample Sizes under 50 should be treated with caution

*The Family First Party were included as an option on Federal Voting Intention from October 30, 2004

1 October 3, 1998 Federal election results have been updated to include results from the electorate of Newcastle supplementary election. The L-NP did not have a candidate contesting the electorate of Newcastle.

TWO-PARTY PREFERRED VOTE (%)

         
 

L-NP

ALP

   
         

Election March 2, 1996

53.6

46.4

   

Election October 3, 1998

49

51

   
Election November 10, 2001 51 49    
Election October 9, 2004 52.7 47.3    
         

MORGAN POLL

Preferences distributed

by how electors

say they will vote

Preferences distributed

by how electors voted

at the 2004 election

October 30/31 & November 6/7, 2004 50.5 49.5 50.5 49.5
November 13/14 & 20/21, 2004 50 50 50.5 49.5
November 27/28 & December 4/5, 2004 52.5 47.5 53 47
December 11/12 & 18/19, 2004 51 49 52.5 47.5
January 8/9 & 15/16, 2005 53.5 46.5 53 47
January 22/23 & 29/30, 2005 51.5 48.5 51.5 48.5
Feb 5/6 & 12/13, 2005 51.5 48.5 52 48
Feb 19/20 & 26/27, 2005 52 48 52 48
Mar 5/6, 2005 47.5 52.5 48 52

 

TWO-PARTY PREFERENCES OF MINOR PARTIES (%)

 

Jan 22/23 & 29/30

Feb 5/6 & 12/13 Feb 19/20 & 26/27 Mar 5/6
MORGAN POLL

L-NP

ALP

L-NP
ALP
L-NP
ALP
L-NP
ALP
Australian Democrats # 41.5 58.5 32 68 38.5 61.5 43.5 56.5

The Greens

19 81 22.5 77.5 21 79 18 82
Family First#
65 35 63 37 54 46 70.5 29.5
One Nation #
42.5 57.5 54 46 60 40 15.5 84.5

Independent/Other

40.5 59.5 57 43 55.5 44.5 28 72

 

Morgan Poll sampling tolerance:

The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. The following table gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. The figures are approximate and for general guidance only, and assume a simple random sample. Allowance for design effects (such as stratification and weighting) should be made as appropriate.

Sample size

Percentage estimate

 

25-75%

10% or 90%

5% or 95%

1000

 ± 3

 ± 2

 ± 1½

# Sample Sizes under 50 should be treated with caution
Sample: 1,015 electors interviewed face-to-face on March 5/6, 2005

3% (down 0.5%) did not name a party.

View Federal Voting Intention Trend

 


Finding No. 3843 is taken from Computer Report No. 2025


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