UPDATE 1-Australian PM set to call election for Aug 28 -ABC

(Adds details, changes dateline)

CANBERRA, July 15 (BestGrowthStock) – Australian Prime Minister
Julia Gillard is likely to call an election on Saturday for
August 28, the Australian Broadcasting Corporation reported on
Friday quoting Labor party sources.

The ABC said Gillard would visit Governor-General Quentin
Bryce in Canberra on Saturday morning to seek permission to
call an election.

Gillard’s Labor government is narrowly ahead in opinion
polls but is struggling to sell sensitive policies on the
economy, resources, climate and asylum seekers.

Gillard has pledged to introduce a new 30 percent mining
tax if elected, raising A$10.5 billion from 2012, but the
opposition has vowed to dump the tax, even though it has been
agreed by global miners BHP Billiton (BLT.AX: )(BLT.L: ), Rio Tinto
(RIO.AX: )(RIO.L: ) and Xstrata (XTA.L: ).

The government has also said it will return a bugdet
surplus by 2013, although opinion polls show voters view the
Liberal-National opposition as better economic managers,
despite Labor steering the economy through the global financial
crisis and avoiding recession.

Australia’s first female prime minister was appointed in a
Labor party coup on June 24, toppling Kevin Rudd, in an effort
to avoid electoral defeat, with opinion polls then showing
Labor was headed to be a one-term government.

Gillard has ressurected Labor’s standing in opinion polls ,
but opposition conservative leader Tony Abbott needs to win
only nine seats from the government to take office.

Many voters have also deserted the major parties for the
small Greens party, which is set to be the kingmaker in the
upper house Senate and influence policy of the next government.

(Reporting by Michael Perry; Editing by Ed Davies)

UPDATE 1-Australian PM set to call election for Aug 28 -ABC