0221 GMT - Australian pollster Redbridge-Accent says the country's Labor government could face disaster in the coming federal election by losing up to eight seats in the southern state of Victoria alone. The polling suggests Labor's support has fallen sharply on a two-party preferred basis across the state, leaving a large number of marginal seats vulnerable to being lost to opposition parties. The Labor government currently has 77 electorates out of the 151 electorates in the country. The polling comes as Prime Minister Anthony Albanese indicates he is moving closer to calling the election, which must be held by May 17. A political party needs to secure at least 76 electorates to form the government. (james.glynn@wsj.com; @JamesGlynnWSJ)
(END) Dow Jones Newswires
March 02, 2025 21:21 ET (02:21 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.