Politics Now
Global markets shake the election campaign
Apr 10, 2025
Phil Coorey, Political Editor with the Financial Review, discusses the frenetic second week of the election campaign marked by big debates and policy shifts. He highlights how global trade tensions, especially those instigated by Trump’s tariffs, overshadow local politics. The conversation dives into the dynamics of framing campaign messages and the urgent need for Australia to adapt its energy policies amidst economic uncertainty. Coorey also addresses the interplay between immigration issues and housing pressures as voters prepare for the polls.
39:00
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Quick takeaways
- The ongoing U.S.-China trade war heavily influences Australian electoral dynamics, overshadowing local policy discussions and campaign strategies.
- Contrasting energy policies from the Coalition and Labor reveal significant differences in long-term visions for Australia's energy future amidst rising public concerns.
Deep dives
The Election Campaign Dynamics
The discussion highlights the intense dynamics of the current election campaign, particularly focusing on a leaders' debate and multiple policy announcements. The Prime Minister is perceived to have gained an upper hand during the second week of campaigning, especially following a significant policy backdown by Peter Dutton regarding a work-from-home proposal. This dramatic shift in approach reflects a strategy to regain clarity and address the concerns raised by the opposition. However, the overall impact of the debate on voter perception appears to be minimal, as the global economic landscape, influenced heavily by U.S.-China trade tensions, dominates public attention.
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