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Brokers call for coalition government

Staff Reporter 4 minute read

Jessica Darnbrough

More than 80 per cent of brokers believe the Coalition would be a better government choice for the mortgage industry.

According to The Adviser’s latest weekly straw poll, 84.4 per cent of brokers said they would like to see a change in government.

Of the 553 respondents, just 15.6 per cent of respondents think the Labor government is doing a good enough job to warrant staying in power.

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Smartline broker Ian Simpson told The Adviser that he supported a Coalition government, because they would be more inclined to take a structured approach to debt.

“From a purely economic perspective, I think the Coalition are more cautious when it comes to incurring high levels of debt and ultimately I think this “easy does it” attitude would be better for the Australian economy and by extension the property market,” Mr Simpson said.

And Mr Simpson is not alone in his support for the coalition.

One broker told The Adviser that the Labor government should stick to “grilling meat and keeping the beer cold”.

But despite these sentiments, it looks as though the Labor government is edging closer to victory, with Julia Gillard yesterday gaining the crucial vote of Tasmanian independent Andrew Wilkie.

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The current Prime Minister vowed to spend $100 million extra on the Royal Hobart Hospital, slashing her election promise to improve the Budget bottom line to just $6 million.

The outcome ensures Labor will hold 74 votes on the floor of Parliament and is within reach of the 76 votes it needs to form a Labor-led government.

The three who will now decide the formation of a minority government last night said they need more time to decide who to support as prime minister.

Brokers call for coalition government
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