Banker Fights Unionist for Top Job as Aussie Election Called
- Turnbull's coalition faces Shorten's Labor in July 2 vote
- Tax cuts, housing to be key voter issues in lengthy campaign
Australian Prime Minister Malcolm Turnbull.
Photographer: Mick Tsikas/EPAThis article is for subscribers only.
Prime Minister Malcolm Turnbull called elections for July 2, seeking to end almost a decade of political instability in Australia and convince voters he’s best-placed to steer the economy through a fading mining-investment boom.
Tax cuts for companies and high-income earners and tax breaks for property investors are set to dominate the eight-week campaign, which polls show will be tightly fought. The former investment banker is pledging to create new growth drivers for the world’s 12th-largest economy, while grappling with debt that’s rising faster than the euro area’s.