When Swan's river runs dry

The government's dream of dropping carbon emissions 5 per cent by 2020 is in real danger of becoming a lie under a Coalition that will say Labor spent all the money to avoid investment in renewables.

All indications are that Treasurer Swan is going to have a frustrating 2014. There is a good chance that the honourable member for Lilley may not only lose the second top job in Australian governance, but might be sent home altogether after losing his seat.

The two-party-preferred vote figures just won’t budge for Labor, with the Essential Poll earlier this week showing 55/45 to the Coalition for the fourth week in a row, and the latest Galaxy poll showing a nasty 59/41 drubbing.

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