Australia politics live: Albanese approval drops, says poll; RBA expected to hike cash rate to 3.6%
The prime minister’s approval sank six points in February to 40%, Essential says; borrowing costs set to rise again, putting pressure on household finances
Good morning and welcome to the live politics blog on what promises to be a very busy day. Amy Remeikis will be here soon to guide us through it, coffee in hand.
There’s some good news for Anthony Albanese this morning with an Essential poll showing that Labor’s super tax reforms are popular with voters. Half of the people asked by this month’s Guardian essential poll said they approved of the plan to reduce tax concessions for people with balances worth more than $3m. But the less good news is that the prime minister’s approval rating has dropped six points to 40%.
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