There has been so much written in the media lately on both political parties. And everyday, you read predictions of a loss by the Coalition, come the election in November/December this year.
However, I recall reading earlier in the year about a study done on elections all around the world, during the past 30 or 40 years. As a result of this study (and despite the present media hype), these various election outcomes have apparently hinged upon three key performance indicators (KPI).
You see, it appears that, when all is said and done … there is a lot more said, than done!
Simply put, these three KPI are …
* Interest rates;
* Inflation; and
And, if 2 out of 3 of them have moved adversely since the previous election … then, history suggests there will be a change of government.
Let’s do a quick comparison of the figures — to see where you are today, compared to where you were back in 2004.
So, on that basis, you can expect John Howard to be returned in what will be a close election.