Under new management

declared last night that is now under new management and open for business. The Coalition have won with one of the largest margins in recent times – yet no a total bloodbath.

The latest ABC projection is Coalition 89 (+10), Labor 51 (-10), Greens 1 (nc), Independents 2 (-2). That is just below the 1996 result for Howard where they got 94 seats.

By state it was like this:

  • ACT – Labor 2 (nc)
  • NSW – Libs 21 (+5), Nats 7 (+3), Labor 18 (-6), Independents 0 (-2)
  • NT – Country Libs 1 (nc), Labor 1 (nc)
  • Queensland – LNP 21 (nc), Labor 7 (-1), Palmer 1 (+1), Katter 1 (+1)
  • South Australia Libs 6 (+1), Lab 5 (-1)
  • Tasmania Libs 3 (+3), Labor 1 (-3), Ind 1 (nc)
  • Victoria Libs 15 (+3), Nats 2 (nc), Labor 19 (-3), Greens 1 (nc)
  • WA – Libs 12 (+1), Nats 0 (-1), Labor 3 (nc)

Still a dozen seats in play so these may change.

The primary vote has been Coalition 45.3% (+1.6%), Labor 33.8% (-4.1%), Greens 8.4% (-3.3%), Palmer United 5.6% (+5.6%), Family First 1.3% (-0.9%), Katter 1.0% (+0.7%).

Kevin Rudd’s concession speech was terrible. Long, rambling, resembling a victory speech, all about him and disgracefully not once did he mention Julia Gillard. He talked as if he had been Prime Minister for the last three years. He retained his seat but announced he will not contest the Labor Party leadership. More than one person quipped how they had heard him say that before! But finally it looks like he is gone. I’d say Bill Shorten is the likely new leader, but time will tell.

Time will also tell how Tony Abbott will do. A prediction that one day Abbott will be PM in 2007 would have seen you laughed out of the room. He has run a disciplined campaign and team over the last four or so years. However it was very much a rejection of Labor than an endorsement of Abbott. They have a large enough majority that I’d expect they’ll serve at least two terms.

The tight preferencing between minor parties appears to have delivered them a lot of Senate seats, so that will be a major challenge for the Abbott Government.

Also Clive Palmer has got elected to the House. He appears to be stark raving mad, so that also adds an unpredictable factor.

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