Published: May 23, 2019
Labor’s chances were not sunk by self-funded retirees, but by the very voters who stood to benefit most from the ALP’s policies
As Labor’s shock defeat crystallised on Saturday night, it didn’t take long for commentators to draw parallels with the unlosable 1993 election. Once again an opposition party within striking distance took a bold tax agenda to an election and was rebuffed by voters.
But the emerging consensus that Labor’s tax plans – particularly the changes to franking credit refunds and negative gearing – are solely responsible for its defeat is far too simplistic.
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