The odds,of Prime Minister Malcolm Turnbull being Liberal leader at the next election, have drifted.
Mr Turnbull’s odds, to be the leader at the next Federal Election were as short as $1.08 at the start of July but has since drifted out to $1.55.
Barnaby Joyce: "I don't think changing Prime Ministers looks good. I thought the Kevin Rudd-Julia Gillard thing people didn't like it. To be honest when Malcolm Turnbull and Tony Abbott issue happened, people did like that. People are not going to like if you try and repeat it."
— Tom McIlroy (@TomMcIlroy) August 20, 2018
The betting certainly indicates that there is a reasonable chance of some movement in the Liberal leadership before the next election.
Meanwhile, the odds for Peter Dutton to claim the role have firmed from $8.00 in June to $2.25.
Malcolm Turnbull’s prime ministership is now in a critical condition https://t.co/v9WeHHjP2C
— C.S 🇦🇺 (@oroubos) August 20, 2018
Turnbull to face a leadership ballot has become more likely, with traders turning the price from $3.00 into $1.65.