Sportsbet odds reached $11.50 for an ALP win, and as low as $1.03 for a Coalition win. They’ve just called the Australian Election, nine days early.
They’re saying the Coalition will win 90 seats, ALP 56, Katter 1, and Wilkie 1, but don’t know about the seats of Lyons and Lingiari.
Shame the Coalition appears to be missing his rare opportunity to give us the small government we so desperately need. They could savagely cut red-tape and spending, and unleash the power of Australian innovation, brains, and creativity. This is not even being discussed. Sigh. They offer $31b in cuts, but as Judith Sloan points out: “Essentially, both parties expect to spend nearly $1700bn in the next four years. ”
Government shouldn’t be trying to “create jobs” any more than they should be “picking winners” in the market. A governments job is to create the conditions that allow the cleverest, hardest working, and luckiest to mobilize the workforce in the most efficient and fairest way.
UPDATE: ! Oops. They are still taking bets, Title and Tweet corrected. Apologies to Sportsbet, I didn’t see how they could still take money…