State Labor's Worrisome Position Ahead of November Elections (2026)

The Shifting Sands of Victorian Politics: A Cautionary Tale for Labor

There’s something oddly fascinating about the way political tides turn, especially when they seem to defy the very narratives we’ve grown accustomed to. Take Victoria’s upcoming state election, for instance. Just months ago, One Nation was the talk of the town, riding a wave of populist fervor that had many predicting a seismic shift in the state’s political landscape. Fast forward to today, and the story is remarkably different. One Nation’s support is waning, and yet, Labor isn’t exactly breathing a sigh of relief. Why? Because, as I’ve come to realize, politics is less about the rise and fall of parties and more about the subtle undercurrents that shape voter sentiment.

The One Nation Paradox

One thing that immediately stands out is the decline of One Nation’s popularity. From my perspective, this isn’t just a blip—it’s a reflection of how quickly the sheen can come off a populist movement. Pauline Hanson’s controversial National Press Club appearance in June seems to have been the tipping point. What many people don’t realize is that while populism thrives on outrage, it’s also incredibly fragile. Once the outrage loses its edge, the movement’s lack of substantive policy often becomes glaringly apparent.

But here’s the kicker: Labor and the Coalition have been quick to capitalize on this, sharpening their attacks on One Nation’s economic credentials. Personally, I think this is a smart move. Economic management is the top issue for 37% of Victorian voters, and in an era of rising inflation and interest rates, credibility on this front is non-negotiable. Yet, Labor’s relief at One Nation’s decline feels premature. After all, the party’s drop in support hasn’t translated into a surge for Labor. Instead, both major parties are stuck at a subdued 27% primary vote. This raises a deeper question: if One Nation’s decline isn’t benefiting Labor, where are those votes going?

The Premier’s Popularity Problem

Premier Jacinta Allan’s personal popularity is another piece of this puzzle that I find especially interesting. Her likeability has plummeted to minus 36, a figure that’s hard to ignore. What this really suggests is that Labor’s troubles run deeper than just the One Nation threat. Allan’s approval ratings are at their lowest point on record, and yet, she’s gained 4 points as the preferred premier. How does that make sense?

If you take a step back and think about it, it’s because the contest is narrowing. With One Nation fading into the background, voters are defaulting to the major parties, even if they’re not entirely sold on their leaders. Opposition Leader Jess Wilson, for instance, maintains a comfortable lead as the preferred premier, with 43% support compared to Allan’s 24%. But here’s the catch: Wilson’s lead isn’t just about her appeal—it’s also about the lack of competition from One Nation. As Resolve founder Jim Reed pointed out, there’s currently no One Nation candidate for premier, which leaves Wilson in a relatively unchallenged position.

The Economy: The Elephant in the Room

What makes this election particularly fascinating is the centrality of economic issues. Housing, health, and hospitals are important, but economic and financial management is the overriding concern for voters. This isn’t surprising, given the cost-of-living crisis and the broader economic uncertainty. But what’s striking is the pessimism among Victorians. Only 19% believe the state’s outlook will improve, while 45% think it will worsen.

From my perspective, this pessimism is a double-edged sword for Labor. On one hand, it underscores the urgency of addressing economic concerns. On the other, it highlights the party’s failure to inspire confidence in its ability to manage these challenges. Personally, I think Labor’s messaging has been too reactive, focusing on damage control rather than offering a compelling vision for the future.

The Greens Factor and the Quest for Change

One detail that I find especially interesting is the role of the Greens in this election. While they’re not mentioned prominently in the polls, Reed’s observation that many voters are looking for ways to influence change within the Greens is telling. This suggests a broader desire for alternatives to the major parties, even if those alternatives aren’t yet fully formed.

What this really implies is that the election isn’t just about Labor vs. the Coalition—it’s about the broader dissatisfaction with the status quo. In my opinion, this is where Labor should be focusing its efforts. Instead of just trying to fend off the Coalition, the party needs to address the underlying reasons for voter discontent.

The Road Ahead

As we head into November, the election feels less like a battle between parties and more like a referendum on the state’s future. Economic pessimism, leadership challenges, and the shifting dynamics of minor parties all add layers of complexity to the race. Personally, I think the outcome will hinge on which party can best articulate a vision that resonates with voters’ concerns.

One thing is clear: Labor can’t afford to be complacent. The decline of One Nation may have removed an immediate threat, but it’s also exposed the party’s vulnerabilities. If Labor wants to secure another term, it needs to do more than just hope for a Coalition misstep. It needs to reconnect with voters, address their economic anxieties, and offer a credible path forward.

In the end, this election isn’t just about who wins—it’s about whether any party can restore faith in the political process. And that, in my opinion, is the biggest challenge of all.

State Labor's Worrisome Position Ahead of November Elections (2026)
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