The rise of the minor parties is a signal that everything has changed

The rise of the minor parties is a signal that everything has changed

Australia in the 1950s was cricket in the backyard under the hills hoist, and those political parties other than the ALP and the Coalition received 5 per cent of the national vote.

Fast-forward to 2016, and the minor parties received a collective 23.8 per cent of the vote for the House of Representatives and 35 per cent of the vote for the Senate.

Increasing cynicism of politics, the political class and the “rotten” organisational culture is one explanation.

Social inequality, the structural decline in manufacturing, globalisation, technological shifts and the disintermediation of old media are other excuses.

Maybe the Brexit “Leave” vote in the United Kingdom should not have been such a surprise!

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2 Comments

  1. It’s an interesting trend and I think it reflects the younger demographics who are fed up with the political elite.

    It’s interesting to watch in the US where both candidates have a large portion of their voters who don’t like the candidate but like the other candidate even less.
    Bad choice between 2 bad candidates.
    Even more have apathy around the election in general.

    I wonder how long it will be until Australians look through their parties and see that they aren’t really representing their constituents. (some exceptions)

    • Hi Jon, and with an Italian Referendum and a US vote over the next couple of months and a German and French vote next year I wonder if the protest vote agains the political class will demonstrate a surprise Brexit-type result. Markets dislike uncertainty!

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