I cannot explain what is going on and I’ve no idea how things are going to end up. This choosing of a government business is quite beyond me. The best I can offer is to bring back the Crikey Election Indicator which has been going up and down like a yo-yo since Saturday night.
At the close of voting in the eastern states on election night Labor were given a 74% chance of becoming the government. Since then the Labor probability has been as low as 30% and at midday today was back to being the favoured way at 53%.