Economics
Gillard Slips in Australia Poll as Tax Damages Credibility
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Prime Minister Julia Gillard slipped behind opposition rival Tony Abbott as Australia’s preferred leader for the first time since August after her credibility was dented when a mining tax she helped design brought in less revenue than forecast.
On the question of who would make the better prime minister, Gillard fell 5 percentage points to 36 percent, while Abbott rose 1 point to 40 percent, according to a Newspoll survey published in the Australian newspaper today. The ruling Labor party rose 1 point to 45 percent on a two-party preferred basis, with the Liberal-National opposition down 1 point to 55 percent, it showed.