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Published: 15:05, May 20, 2022 | Updated: 18:07, May 20, 2022
Cost of living in focus as Aussie election race hits final stretch
By Reuters
Published:15:05, May 20, 2022 Updated:18:07, May 20, 2022 By Reuters

A billboard showing Australia's Prime Minister Scott Morrison adorns the side of the Trades Hall building in Melbourne on May 20, 2022, a day before Australia goes to the polls in a general election. (WILLIAM WEST / AFP)

SYDNEY - Australian Prime Minister Scott Morrison criss-crossed the country in a final day of campaigning, insisting he could still win Saturday's election despite polls pointing to a change of government or hung parliament.

Morrison and Labor Opposition leader Anthony Albanese targeted marginal seats across four states in the final 48 hours of the six-week campaign as data showing wages growth being outstripped by inflation and record low unemployment provided fodder for competing claims on who would best manage the economy.

What I've demonstrated over these last three years - not everybody's agreed with me... and not everybody likes me - but that's not the point. The point is, who can manage the nation's finances to keep downward pressure on rising interest rates, downward pressure on cost of living?

Scott MorrisonAustralian Prime Minister

An Ipsos opinion poll published by the Australian Financial Review showed Labor leading Morrison's ruling Liberal-National coalition 53 percent to 47 percent on a two-party preferred basis, where votes are ranked by preference and distributed to the highest two candidates.

But Labor's primary vote shrunk to 36 percent to the coalition's 35 percent, with minor parties and independents attracting nearly a third of voters, raising the prospect of a minority government. 

Morrison, in a blitz of media interviews on Friday morning, said he could still win, and pointed to his economic competence.

"What I've demonstrated over these last three years - not everybody's agreed with me... and not everybody likes me - but that's not the point. The point is, who can manage the nation's finances to keep downward pressure on rising interest rates, downward pressure on cost of living?" he said on ABC News Breakfast, before campaigning in Western Australia.

ALSO READ: Australia's economy holds plenty of pitfalls for election winner

Albanese campaigned with former Labor Prime Minister Julia Gillard in the South Australian capital of Adelaide on Friday morning, broadening his attack to the government's record on gender equality and climate change, issues championed by independent candidates.

Gillard, Australia's first woman prime minister and an international campaigner on women's leadership, urged women to vote Labor. "I am very confident it will be a government for women," she said.

Leader of the center-left Australian Labor Party opposition Anthony Albanese (left) holds a little baby as he shares a coffee with former Australian Prime Minister Julia Gillard while campaigning in Adelaide on May 20, 2022. (LUKAS COCH / AAP IMAGE VIA AP)

In 2010, after the election delivered a hung parliament, Gillard formed government after extended negotiations with independents and minor parties.

Several so-called "teal independents" are challenging key Liberal held seats, campaigning for action on climate change after some of the worst floods and fires to hit Australia and criticizing the government on integrity and equality. 

Morrison pledged to become "inclusive and bring more people with us" if re-elected, after polling showed his personality could be a hurdle for the Liberal vote, particularly women. 

Another challenge for the major parties is a A$40 million advertising blitz by billionaire Clive Palmer's United Australia Party, which is fielding candidates nationally.

Labor Opposition leader Anthony Albanese campaigned with former Labor Prime Minister Julia Gillard in the South Australian capital of Adelaide on Friday morning, broadening his attack to the government's record on gender equality and climate change, issues championed by independent candidates

ALSO READ: Early voting starts in Australia election with opp ahead in polls

ABC election analyst Antony Green said unlike the previous election, Palmer's advertising blitz hadn't singled out Labor for attack, which could impact preference flows and the result.

Election rules were changed on Friday to allow all voters who tested positive for COVID-19 to vote by telephone.

More than 6.5 million pre-poll or postal votes were already cast out of 17 million eligible voters in Australia's compulsory voting system.

Cost of living battles

The government has played up its credentials in supporting the economy through the COVID-19 pandemic, pointing to data on Thursday showing Australia's jobless rate fell to 3.9 percent in April, the lowest in 48 years.

Labor said businesses had struggled to find workers after Australia's borders were closed and highlighted other data that showed wages had grown just 2.4 percent, the lowest since 1998. It wants to boost the minimum wage to keep pace with inflation of 5.1 percent.

"Australians are doing it tough, they know that wages have gone backwards by 2.7 percent," said Albanese on Friday.

Asked about the possibility there would be no clear result on election night as independents drew votes, he urged people to vote Labor instead.

READ MORE: Australia poll: Indigenous people call for inclusion in constitution

"There's three more years of the same or there's myself, who wants to bring the country together, who wants to be inclusive, wants to end the division, wants to end the climate wars," he said.

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