Brendan Nelson buys time
by Alan Thornhill
The Gippsland by-election result will buy a little more time for Brendan Nelson, but probably not much more than that.
The swing of more than 6 per cent against the government was a set-back for Kevin Rudd. The Prime Minister, himself, has virtually admitted that.
And with petrol prices still testing record heights, the government still has more hurdles ahead.
Brendan Nelson’s prediction last week, that Labor might win in Gippsland, was misplaced.
Nobody, though, is likely to blame him for that, or, indeed, even to remember that prediction.
That’s politics.
Labor, though, is citing the obvious in its defence.
The electorate is in National Party heartland. It stayed that way.
Both Rudd and his Treasurer, Wayne Swan, have been saying, too, that with inflation high, the government has been taking the necessary tough measures, to prevent it getting worse. Looking out, in fact, for “the long term.”
That might be right.
But it won’t be popular.
And, as the great economist, John Maynard Keynes once said:-”In the long run, we are all dead.”
Rising petrol prices bite even harder in rural areas, than they do in Australia’s capitals.
There is little, if any, public transport in the bush.
So Brendan Nelson’s repeated argument that the Rudd government needs to “do something” about petrol prices has extra resonance there.
But all he is offering to do, himself, is to cut the Federal government’s fuel excise by 5 cents a litre.
As fuel prices have already risen by more than 30 cents a litre this year, that’s not going to make a noticeable difference to family budgets, either in the cities or in the bush.
Rudd keeps telling Labor MPs that their lead, in the polls, is not as great as some might think.
The Gippsland by-election result will emphasise that message.
But the Coalition is still a long way from winning back government.
And Nelson’s hold on the Liberal leadership is still weak.
Voters are still looking for firm, clear leadership from the conservatives.
And Nelson isn’t supplying it.
1 Comment
Profile
The Latest
22nd May
The Dow Jones index rose 135.10 points to 12,504.503
Embattled MP Graeme Thomson “explains” to Parliament (see stories)
THE MARKETS
| All Ordinaries | 4173.500 | |||||||
| S&P 500 | 1315.99 | |||||||
| Aud To Usd | 0.992 | |||||||
| Bhp Blt Fpo | 32.320 | |||||||
| Westpac Fpo | 20.750 | |||||||
| Westfieldg Staple | 9.200 | |||||||
| Wesfarmer Fpo | 30.050 | |||||||
| Amp Fpo | 3.870 | |||||||
News to Use
- “That’s not leadership:” Swan
- Pokie reform
- Consumer confidence falls, but….
- Small business “squeezed”
- Thomson explains
- Support for Afghanistan
- The G8 gamechanger
- G8 goes for growth
- Your super? Some advice and a checklist
- Australian wages finally outstrip prices
- Watchdogs rapped over Trio collapse
- Confidence still “weak” despite good figures
- Increased family payments to start now
- Greece headed for fresh elections
- Job security worries curb spending
Topics
- Airlines (18)
- Banking (1479)
- Business (1586)
- Communications (35)
- crime (3)
- Disaster (84)
- Economics (1588)
- Environment (76)
- Financial advice (1357)
- Health (55)
- Housing (453)
- Inflation (432)
- Insurance (66)
- Investment (1404)
- Markets (1137)
- Media (109)
- Politics (1485)
- Regulation (681)
- retirement (15)
- Rural australia (87)
- Security (14)
- Social security (157)
- Superannuation (175)
- Tax (247)
- The latest (1)
- Trade (292)
- Uncategorized (278)
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- September 2007
- August 2007
Recent Comments
- How you pushed up home loan rates « Private Briefing – Personal … | My Blog on How you pushed up home loan rates
- Pete on Rudd government had entered “paralysis:” Gillard
- Liam Knuj on The Prime Minister, Julia Gillard’s, New Year’s Message
- Change is for the better,change is where your heart grows stronger on Family Assistance boost
- Harry on The Prime Minister, Julia Gillard’s, New Year’s Message




Alan Thornhill is a parliamentary press gallery journalist. Private Briefing is updated daily with Australian personal finance news, analysis, and commentary.
[...] Brendan Nelson buys time [...]