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May 11, 2010

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Rudd's approval rating plummets

AUSTRALIAN Prime Minister Kevin Rudd's approval rating has fallen to a record low months from elections, with his government taking hits over junked promises and a planned mining tax that is clouding jobs and investment.

The Nielsen poll published yesterday showed Rudd's Labor running level with opposition conservatives on 50 percent, giving heart to miners now re-thinking investments because of Rudd's proposed 40 percent tax on profits.

Rudd told a meeting of Labor Party lawmakers he took full responsibility for the government's actions.

"There is a need to navigate through these difficult issues and to address them," government sources quoted Rudd as saying. "We must always be defined by what we are, and what we stand for."

Treasurer Wayne Swan is due to deliver a national budget today expected to contain few sweeteners for voters.

The new poll showed Rudd's approval rating fell 14 percentage points to 45 percent while his disapproval rating jumped 13 points to 49 percent over the past month. A general election is expected to be held in October. His standing as preferred prime minister fell 6 points to 53 percent, still well ahead of opposition leader Tony Abbott on 38 percent.




 

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