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Tony Abbott backs One Nation preference deal and says Liberals can’t just be a ‘little less woke than Labor’

This article is a political commentary on the Australian Liberal Party’s shift to the right, with Tony Abbott backing possible preference deals with One Nation ahead of the next federal election. Abbott argued conservatives should cooperate like Labor and the Greens do, while Angus Taylor signaled openness to working with whoever helps defeat Labor. The piece highlights that surging support for Pauline Hanson’s party is pressuring the Liberals and Nationals, but also creating concern among moderates who fear losing city voters if the party is seen as too aligned with One Nation. The main market relevance is indirect: it signals increased political uncertainty around Australia’s policy direction and election dynamics, but it does not describe a specific financial instrument or policy change with immediate market impact.

Category

Australia 200

Sentiment

Neutral

Event

Market commentary

Reading time

1 min