Labor has big poll lead before Australia election

SYDNEY, Aug 14 (BestGrowthStock) – Australia’s ruling Labor party
has a commanding lead over the conservative opposition a week
before a general election, a poll published on Saturday showed,
reversing the position of the past two weeks.

The Aug. 21 election will decide the fate of the
government’s planned 30 percent mining tax on big iron ore and
coal projects, and its plans for a $33 billion national
broadband network. The opposition has said it will abandon both.

The widely watched Nielsen poll, published in the Sydney
Morning Herald and The Age, showed Labor leading the opposition
by 53 to 47 percent on a ‘two-party’ basis, eliminating minor
parties under Australia’s transferable voting system.

Previously, the Nielsen poll had Prime Minister Julia
Gillard’s party trailing the opposition Liberal-National
coalition for two weeks running.

The latest poll, a swing to Labor of four percentage points,
follows a week of strong campaigning by Australia’s first female
prime minister and a public reconciliation a week ago with her
predecessor Kevin Rudd, who she ousted in a party coup in June.

For poll trend results, click on [ID:nSGE67A04F]

For full Australian election cover [ID:nAUVOTE]

For key risks in Australia, click on [ID:nRISKAU]

The poll showed Labor’s primary vote was 40 percent, up four
percentage points, with the opposition at 41 percent and the
Greens at 12 percent.

As preferred prime minister, Gillard led opposition leader
Tony Abbott by 52 percent to 38 percent.

On Wednesday, the latest Reuters Poll Trend showed Labor
narrowly ahead with 50.1 percent support against 49.9 percent
for the opposition, as the tightest race since 1998 pointed to
the possibility no single party will form a government.

Despite Saturday’s strong poll showing for Labor, analysts
say the result may be close and may depend on key marginal
(Sydney Newsroom +612 6273 2730; editing by Tim Pearce)
For Reuters online coverage of Australia 2010 Election

Labor has big poll lead before Australia election