Three quarters of financial advisers are likely to vote for the Liberal/Nationals coalition in next weekend’s election according to a survey released by Adviser Ratings.
At the same time, one in eight advisers have indicated they would vote for the Labor Party with one in ten stating they would vote for a minor party.
The support for the Federal Coalition remains high despite it receiving criticism from advisers over proposed changes to super, Adviser Ratings stated after having received 1047 votes in a poll asking which party respondents would be voting for in the upcoming federal election.
While the Coalition received 755 votes or 72%, the Labour Party received only 132 votes or 13%, double that of the Greens on 67 votes or 6% with 93 votes or 9% of advisers choosing ‘Other Parties’ to receive their vote on 2 July.
“…I don’t think either of the major parties have a good grip or understanding of the financial services industry…”
Adviser Ratings allowed those participating in the poll to comment and stated support for the major parties was mixed while some were sceptical with commenter saying, “Sadly I don’t think either of the major parties have a good grip or understanding of the financial services industry and especially with the advice sector”.
The Adviser Ratings poll heavily shadows the findings of a riskinfo poll conducted in early May which also found 72% of advisers believing a returned Federal Government would deliver a better financial services industry for advisers and consumers.
That poll also showed a lack of confidence in the Federal Opposition and strong skepticism towards both parties with only 4% stating a new Labor Government would be better for the sector, while 20% said it would make no difference as to which party held power and formed government.
