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Why Anthony Albanese will win the next election because of cost of living, inflation, interest rates

Anthony Albanese is on track to win the May 21 election because inflation is higher than normal – denting the Liberal Party’s claim to be better economic managers.

Like triumphant Labor leaders before him – Gough Whitlam in 1972, Bob Hawke in 1983 and Kevin Rudd in 2007, Mr Albanese is set to politically benefit from a long-term Coalition government seeking re-election when the cost of living and character are the key issues.

The political omens are bad for Prime Minister Scott Morrison because the Liberal Party has previously lost elections after at least three terms in office when inflation was close to three per cent, or higher.

Inflation in the year to March surged by 5.1 per cent, the fastest annual pace since the GST was introduced two decades ago.

Voters are now worried about how…

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