2026 Victorian Election Pendulum
(Update – Three days after this post was published, Jacinta Allan was replaced as Premier by Ben Carroll. The post has been left as originally published.)
Victoria’s state election on 28 November will see voters pass judgment on Premier Jacinta Allen’s unpopular government and 12 years of Labor rule.
Most recent Victorian opinion polls reveal a three-way split of support between Labor, the Coalition and One Nation. Several have reported One Nation with the highest primary vote.
These are extra-ordinary polls in a state where two-party politics has traditionally been strongest and One Nation’s electoral support weakest.
One Nation’s poll ratings are also remarkable given the party has no state leader, no announced state policies, one upper house member and just one lower house candidate.
Were it not for other results this year, I would dismiss One Nation’s ratings as unlikely to hold until November, especially if it doesn’t hurry up and announce a leader.
But polls proved right in predicting One Nation would outpoll the Liberal Party at the South Australian election. The party polled well at the Nepean state by-election in May, and a week later matched expectations by easily winning the Farrer federal by-election.
If current polls prove correct, the result in November will have greater consequences for the course of national politics than any state election in my lifetime.
Australia’s two-sided party system has been around for more than a century. The two major parties have always clustered left and right of the centre. Smaller parties have come and gone, the most significant until now being the Greens who have staked out a significant base to the left of Labor.
Other prominent minor parties, like the DLP and Australian Democrats, lasted two decades and never built a base that could transmit loyalties to another generation. In retrospect, both were parties of transition, pathways for voters to change major party loyalty.
Until now, no new political entrant has threatened the foundations on which Australia’s two-party system is built. But the surge in One Nation support suggests the Coalition is in danger of being supplanted as Labor’s major opponent.
Is the Coalition about to fade away and be replaced by One Nation? Or will the Coalition and One Nation grow closer together and a new type of coalition emerge on the right?
It may sound odd to predict problems for the federal Coalition when it is a deeply unpopular Labor state government facing defeat in Victoria.
But if the Liberal-National Coalition cannot capitalise on Labor’s woes by winning majority government in Victoria, if it is forced into some governing arrangement with One Nation in a state where the party has previously barely rated, then there are consequences across the country.
It raises serious question about the Coalition’s future in states where One Nation has a stronger base. First cab off the rank will be the NSW election next March where optional preferential voting will magnify splits between the Coalition and One Nation.
Under optional preferential voting, parties can’t rely on voters to complete preference sequences. Especially if NSW Labor fills the airwaves with “Just Vote 1” messages. Many Coalition and One Nation voters will exhaust preferences and help deliver a comfortable majority to the Minns Labor government.
One Nation capturing the balance of power in Victoria will force some form of governing arrangement on the Liberal Party and (whatever remains of) the National Party. For the first time One Nation would have a say on who governs a state and how.
To date One Nation has been a powerless crossbench upper house party that chucks metaphorical rocks at government. It will need to learn new ways to behave if the election result draws it closer to the levers of government. Chucking rocks becomes a dangerous pastime from inside the glasshouse of government.
Plus One Nation has a terrible record of keeping its elected members within the party. If instability were to strike while One Nation filled a starring or support role in Victorian government, every failing of the party would be highlighted across the nation by its political opponents.
I’ve seen the pressure of governing splinter third parties before. At the 1996 New Zealand election, a similar populist party to One Nation, Winston Peters’ New Zealand First, won the balance of power. After weeks of negotiation, the party joined with National to form government. Over the next three years New Zealand First splintered, popular slogans mugged by the reality of governing. Its more sensible members were lured away by its coalition partner, the less sensible ostracised.
If the polls prove right, converting a three-way split of primary votes into seats in parliament has a range of possible outcomes. Some could produce a majority Coalition government. If not a majority, the question will be how far short of majority the Coalition finishes and whether a government supported by One Nation is possible.Read More »2026 Victorian Election Pendulum