Is their a chance Malcolm Turnbull could be leading the Liberals into the next election? Especially if Abbott can't force through the Carbon Tax repeal in the new parliament.
It seems that for a third time consecutively in Australia a Prime Minister will be traumatically damaged over a botched tax introduction.
I'm salivating at the thought but I don't think so. It would invite some really unflattering comparisons to Rudd-Gillard and probably damage their credibility more than if they just stuck by Abbott.
The funny thing is, I'm seeing Abbott more and more like Rudd. Basically, there's not a huge personal base of loyalty. They were loyal to him because his strategy put them close to Government, then into Government.
But if things consistently go wrong, I can see that support evaporating.
That is a pretty funny parallel. I'm not that fond of Rudd, but at least he had ideas and the GFC to excuse his incompetence whereas Abbott is just completely reactionary and wants to raze everything to the ground.
On probably one of the worst gut-punches from the Coalition's base - corporate confidence in the Government collapses since election. They cite unnecessary austerity measures putting pressure on household and corporate spending.
Economists also expect a 'wave' of unemployment triggered by cuts in public spending.
It's pretty amazing, don't you think, this dichotomy between Labor being excellent economic managers and the Liberals just being totally ideological and incompetent.
The Economist endorsed them for a reason