Then you're hard to please according to Peter Switzer:
The latest Why is Abbott so unpopular? again was not great news for Prime Minister Tony Abbott, though there was some better news to be hopeful about with his approval rating up 3 percentage points to a pretty dismal 38 and his disapproval number down from 60 to 56.
On a two-party preferred basis, if we went to the polls, the outcome would look like 54 to Labor and 46 to the Coalition, a gap of 8, which actually is better than the post-Budget reading, which saw the margin between the parties at 12.
Economic credentials
Sure Tony Abbott’s Mr. Nice Guy face has not helped, with the poll showing we rate his “grasp on social policy” at 34 while Bill Shorten is rated at 58. However on his “clear vision of Australia’s future”, Abbot wins 54 to 38.
The good news
• Almost 90,000 jobs created since January! (Yep, you are reading right - 90,000.)
• House prices up over 10.1 per cent this calendar year and 2015 is expected to be another positive year for property.
• RP Data says the total returns on capital city houses were up 14.7 per cent on a year earlier and units were up 14.3 per cent.
• Interest rates are at historically low levels and are expected to stay that way into 2015.
• The last economic growth number we got was 1.1 per cent for the March quarter which annualises to 4.4 per cent!
• When growth tops three per cent then unemployment falls in Australia.
• Unemployment did rise from 5.9 per cent to six per cent but the prime cause was a rise in the participation rate, which economists see as a positive forward indicator
• The ANZ Job advertisements survey rose by 4.3 per cent in June and in trend terms, ads rose by 0.2 per cent, the eighth straight gain!
• Business confidence is heading in the right direction with the NAB business confidence index rising from 7.3 points to 7.9 points in June, while the business conditions index rose from -0.8 points to 2.3 points! The business conditions index measures what’s happening now.
• Despite a big fall after the Budget, consumer confidence has risen two months in a row with the Westpac/Melbourne Institute index of consumer confidence rising by 1.9 per cent to 94.9 points in July. Victoria (6.8 per cent), Queensland (three per cent) and NSW (5.2 per cent) saw confidence up notably.
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Entire Article Here
"You might have reasons to not like Tony Abbott, but if you have economic reasons, then you are hard to please."
