Its a neck to neck election this year which leads to a hung parliament. Its also scary that the fate of the government lies in about 5 independent politicians. 1 is enough to be untrustworthy let alone 5.
I'm betting the liberal win. Here are some of my amateurish views on why:
1. All mining counters closed higher in the the market leading to believe that mining tax and Gillard will be dropped.
2. If indeed mining men are like the oil men in the US, labour will go out like a bomb. They had enough power to get rid of Rudd.
3. SportsBet put up odds in the favor of liberal and we know they do their research diligently.
4. Both arent trustworthy, but labour proved to be wasteful. Which is a cardinal sin in this financial times. They just messed up the theory of "spending creates a healthy economy". Oz is not hard hit by the recession cause of its way of being conservative - and it works!!
But these views are from somebody who barely understands the politics here so please take it with a lot of salt and Green (just like the party which won the melbourne seat - the only green seat in parliment).
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