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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16929 Location: Sunny California
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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16929 Location: Sunny California
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Posted: Sat Nov 24, 2007 10:37 pm Post subject: |
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| HenryTo wrote: |
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``History has shown there's usually little impact from elections,'' said Richard Wallace, who helps manage the equivalent of $138 million at Wallace Funds Management. | [/quote]
Which makes the Labor ascendency the perfect excuse. _________________ Today is the Tomorrow you worried about Yesterday! |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Sat Nov 24, 2007 1:15 pm Post subject: |
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Most importantly, for us:
http://www.bloomberg.com/apps/news?pid=20601087&sid=ac5bab4TApqc&refer=home
| Quote: | Labor's victory won't have much impact on the share market, according to analysts, including Adnan Kucukalic, director of Australian equities research at Credit Suisse Group in Sydney.
``Both parties are so close on everything that the outcome is not going to be the be all and end all of the market,'' he said.
``History has shown there's usually little impact from elections,'' said Richard Wallace, who helps manage the equivalent of $138 million at Wallace Funds Management. |
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texfly101 Senior Poster

Joined: 22 Oct 2007 Posts: 118
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Sat Nov 24, 2007 4:33 am Post subject: |
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It is pretty much official now. Labor wins - ending 11 years of Liberal Party rule tonight.
http://www.news.com.au/heraldsun/story/0,21985,22813516-661,00.html
Maxine McKew on Skynews right now discussing her campaign against former PM Howard - but at this point, the result of the Bennelong seat isn't final yet. |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Sat Nov 24, 2007 3:52 am Post subject: |
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PM Howard fighting for his political life tonight:
http://www.smh.com.au/news/federal-election-2007-news/bennelong-a-close-contest/2007/11/24/1195753366680.html
| Quote: | Prime Minister John Howard tonight continued to trail Labor challenger Maxine McKew in his Sydney seat of Bennelong.
With 15 per cent of the vote counted, Mr Howard had polled 14,428 votes against 15,161 for Ms McKew.
Labor needs a swing of 4.13 per cent to unseat mr Howard, and at 8pm (AEDT) the swing to the ALP stood at 4.29 per cent.
Greens candidate Peter Lindsay had 1900 votes. Most Greens preferences could be expected to go to Labor.
No serving prime minister has lost his seat in an election since Stanley Bruce in 1929. |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Fri Nov 23, 2007 10:14 pm Post subject: |
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An update on the Australian general election:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a.PII8jBuvyU&refer=home
This is a good one. Also, the definition of a "bogan": http://www.bogan.com.au/definition/index.php
| Quote: | The prime minister, who once called for Asian immigration to be reduced, said Nov. 22 that he has made Australia ``stronger, prouder and more prosperous,'' ridding it of political correctness and making it ``gloriously and distinctively Australian.''
``We no longer agonize as to whether we're Asian or European or part-Asian or part-European or too British or not British enough or too close to the Americans or whatever,'' he said.
Kim Huynh, a political analyst at the Australian National University, thinks that message appeals to the ``bogan'' vote, the rough equivalent of trailer park trash in the U.S. or Chavs (Council Housing and Violent) in the U.K. |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Wed Sep 12, 2007 9:25 am Post subject: |
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Looks like the general election results in Australia is now more than half "baked-in":
http://online.wsj.com/article/SB118959397462824987.html?mod=hpp_us_whats_news
| Quote: | Mr. Howard, who first came to power in 1996, put would-be challengers on notice when he told reporters Tuesday that "I have never run from a fight before and I don't intend to do so now." Health Minister Tony Abbott said the ministers who attended the crisis meeting with Mr. Downer last week in a hotel room in Sydney near where Mr. Howard was hosting a summit of Pacific Rim leaders had agreed to stick with the leader as "the best bet for the government." But a report in The Australian national newspaper Wednesday suggested that most of Mr. Howard's Cabinet wanted him to quit. "Why did he ask for the soundings if he was not prepared to act on the conclusion?" an unnamed minister was quoted as asking.
Opposition leader Kevin Rudd led his Labor Party's attack on Mr. Howard in Parliament on Wednesday, exploiting ministers' wavering support for their prime minister. "If after 11 years in office the prime minister can no longer effectively govern his party, how can he now claim to continue to be able to govern the country?" Mr. Rudd asked.
Mr. Howard, who is battling to hold his own Sydney electorate, replied that voters "will decide not only my future, but the future of the leader of the opposition." |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11722 Location: Los Angeles, California
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Posted: Sun Aug 26, 2007 10:59 pm Post subject: |
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In polls conducted as recently as early July, PM Howard had closed the gap - trailing by only 1% in the "Preferred PM" poll. Since then, however, Labor has once again reasserted its dominance in the upcoming Federal Election:
http://en.wikipedia.org/wiki/Australian_general_election%2C_2007 |
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