Poll jitters hit home

Poll jitters hit home
Sunday Telegraph

More than one in three Australians are less likely to buy a home if Labor wins the federal election, according to a survey by mortgage broker X Inc.

It said 34 per cent of respondents considered themselves less likely to buy a property if the Coalition was voted out of office on November 24.

"People traditionally delay making major purchases during federal election campaigns but the survey results would indicate there is greater concern about a labor win than there is about the Coalition retaining power," X Inc. chief executive Jennifer Nielsen says.

X Inc also found that recent interest-rate rises had prompted 57.5 per cent of respondents to delay buying a property.

The situation is likely to worsen significantly if we see two or three more rises, as predicted.