FEAR & GREED | Business News PM on high ahead of roundtable; auction surge after rate cut; Trump to meet Zelensky
Aug 17, 2025
The Prime Minister's popularity is soaring, boosted by recent polls just ahead of a crucial reform roundtable. Qantas faces a significant legal challenge with potential record fines looming. Meanwhile, auction clearance rates have surged after a rate cut from the RBA. On the international front, Zelensky is set to meet Trump following a tense discussion with Putin. Paris is witnessing a troubling rise in luxury handbag thefts, impacting both locals and travelers.
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Poll Surge Boosts Reform Momentum
- Two new polls show Labor's support surging to its best levels in two years, boosting the PM ahead of a major economic reform roundtable.
- The timing gives Anthony Albanese political momentum to push tax and productivity reforms at the three-day meeting.
Labor's Approval Rebounds Strongly
- Resolve and News polls show Labor leading strongly on two-party preferred and the PM's net approval returning to positive territory.
- Poll gains are tied to recovery from the referendum hit and could translate to an increased majority if an election were held now.
Make Reform Pro-Worker And Productivity-Focused
- Include productivity, training and fairness when designing tax and productivity reforms at the roundtable.
- Consider measures that boost skills for future jobs while ensuring benefits reach workers, not just firms.