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Turnbull says Australia needs stability after Brexit vote

(Lukas Coch/Pool Photo via AP).

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The prime minister said he would be keeping in close contact with New Zealand Prime Minister John Key so that the “considerable” fallout from the Brexit vote would be dealt with quickly and efficiently, particularly if the coalition is re-elected on Saturday. It comes from exactly the same sort of cynicism in policies that Mr Turnbull’s offering Australians at this election.

However, Mr Turnbull said, “there is no cause for Australians to be alarmed by these developments”.

With the formalities dealt with, Mr Turnbull turned his attention to the Coalition’s plan for Australia.

Prime minister Malcolm Turnbull has officially launched the Coalition’s campaign ahead of the July 2 election, warning Australians of the ALP’s “recipe for economic stagnation”. We concluded five in the last three years – Japan, Korea, China, Singapore and the Trans Pacific Partnership.

“The shockwaves in the past 48 hours from Britain’s vote to leave the European Union are a sharp reminder of the volatility of the global economy”, he said.

He attempted to paint Turnbull’s comment on Tuesday that “what political parties say they will support and oppose at one time is not necessarily what they will do” as an apparent gaffe and “defining moment in this campaign”.

Prime Minister Malcolm Turnbull will also be campaigning in Sydney on Wednesday, starting the day with a radio interview with shock jock Alan Jones.

Mr Howard is Australia’s second longest serving PM, lasting almost 12 years before his government was defeated at 2007 elections.

Homing in on concerns about crime, a Turnbull government would continue the national anti-gang squad for a further two years, introduce mandatory minimum sentences for firearms trafficking, boost Australian Federal Police and Australian Crime Commission funding and invest $212 million in cyber security.

As world markets plummeted and British Prime Minister David Cameron’s political career appeared over, both major parties sought to turn the tumult to their advantage, claiming they were best placed to steer Australia through the global headwinds.

Mr Turnbull said the Coalition was the most stable government Australia had seen since 2015.

Mr Shorten is headed to the marginal Liberal-held seat of Banks to campaign against the coalition’s cuts to health.

“We will head down the path of an Americanised healthcare system where it is how much you earn will determine the quality of your health care”, he said.

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An opinion poll published in Sydney’s The Sunday Telegraph newspaper found the government and the center-left Labor Party opposition running neck and neck with each supported by 50 percent of respondents. The newspaper did not publish a sample size or margin of error.

Bill Shorten