Yesterday Roy Morgan published a new poll with Labor on 55.5 per cent of the two-party preferred (2pp) vote. If repeated at an election, this would be a huge and historic landslide win for Labor. However, in recent months Morgan has been substantially more favourable to Labor than other pollsters, and as a consequence this poll result has had little impact on my polling aggregate, which now has Labor on 52 per cent of the two-party preferred vote (ie. if the polls and aggregation are correct, we are looking at an outcome similar to the 2022 election).
I also look at the primary votes if we apply a crude preference flow from the previous election.
And this has Labor on 52.4 per cent of the two-party preferred vote, slightly better than Labor's performance at the last election.
The overall betting market has not moved much in the pas couple of days.
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