News

Long odds for Anna and Labor

Anna Bligh
Anna Bligh Chris Ison

ODDS have tightened in the past week that the LNP will win the March 24 election in a landslide.

Centrebet is offering only $1.05 on an LNP victory, with Labor blowing out to $9.25 and likely to drift further.

The momentum is all one way with the LNP coming in from $1.10 and the Government blowing out from $6.60

A spokesperson for LNP leader, Campbell Newman, said yesterday that every issue raised by Premier Anna Bligh relating to donations to his last mayoral election campaign had been declared and were on the public record.

Not so clear was where Queensland Labor Holdings, the biggest contributor to ALP election campaigns at state and federal level, invested its money.

"I don't own publicly listed company shares and my wife owns no publicly listed company shares," Mr Newman said in an interview at Kingaroy.

"Our investments are our home and term deposits and my own private super fund and the only investment it has is a term deposit."

The stoush over funding is having no impact on betting, with Mr Newman also tightening further to a firm $1.18 to win the seat of Ashgrove from incumbent former Bligh environment minister, Kate Jones, who is out to $4.30.

Again the momentum is with the LNP and its leader who has come in from $1.23 while support for Ms Jones has drifted from $3.85 a week ago.

The shortest price for Labor is a demoralising $1.38 that it will win fewer than 22 seats in the next Parliament, a result that would see it lose 29 seats and government.

Labor is a tantalising $2.85 to win more than 22 seats, a price that may tempt true believers still wanting to show some faith but not willing to take their party for a win whatever the price.

Ms Bligh yesterday made her own bet, laying down $15 million in an election promise aimed at securing green preferences by offering to establish a greenbelt on continental scale from the inland to the coast and which would result in 400,000ha of new national park.

But she would not commit to it being immune to coal seam gas mining.

Topics:  labor, lnp, queensland election 2012


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