The federal election is tomorrow and the latest poll shows the Coalition and Labor running equal at 50% on a two-party preferred basis. There is a strong possibility that there may be a hung parliament due to third-parties and independents taking seats in the House of Representatives.
In South Australia the Nick Xenphon Team (NXT) has 24% of the primary vote with Labor on 26% and the Coalition on 36%. NXT are targeting five Coalition and Labor seats.
In Grey which covers almost 92 per cent of the state, an area larger than New South Wales the Liberals hold the electorate by a margin of 13 per cent, but a ReachTEL poll commissioned by Channel 7 earlier this month showed NXT leading in a two-party preferred vote.
Voters in Australia in common with the UK and the USA are despondent with the two main parties. Nick Xenophon has been a senator for over a decade during which time he has accumulated great respect from voters throughout Australia. This is the first occasion is party has competed for senate seats outside South Australia and seats in the lower house.
In the NSW seat of New England Barnaby Joyce is facing a fight to retain his seat against the independent Tony Windsor who held seat prior to the last election. Polls show Joyce leading 51%-49%.
Given the standing of the two main parties Australia could have a hung parliament after tomorrow's election a likelihood that doesn't seem to be factored in to the exchange rate.
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