One Nation delivers CGT and negative gearing reform

Monday 2 March 2026

According to the latest Newspoll, the new LNP leadership has stemmed the bleeding but not much else. This result has to be very concerning.

Labor is down one point to 32%, One Nation is unchanged at 27%, the Coalition is up two to 20%, while the Greens are down one to 11%.

However, with 35% approval and 38% disapproval, Angus Taylor’s personal ratings are far higher than Sussan Ley’s, which are 23% and 62%, respectively.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.