Conservative voters would typically support the government but the Newspoll showed Prime Minister Scott Morrison had so far failed to win them over. The Newspoll showed Labor retained a lead of 52% to 48% over the government on a two-party preferred basis, where preference votes are distributed until a winner is declared. Morrison’s pre-election budget earlier this month promised tax cuts for low- and middle-income earners, while projecting the first budget surplus in more than a decade. Seeking to limit the government’s appeal, Labor promised to match the tax cuts for middle-income earners and pledged bigger concessions for lower-paid workers. It will fund the income tax cuts by curbing capital gains tax discounts, seeking greater taxes from multinationals and banks, and scrapping a favorable tax scheme for property investors called negative gearing.

Source: Dhaka Tribune April 15, 2019 06:00 UTC