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One Nation could save the NSW Liberals. Not so in Victoria

The Australian Financial Review (AFR) •
October 29, 2026 • 10:00 PM
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Two state elections don’t offer a lot of insight into possible federal outcomes. But Pauline Hanson’s party has two leaders looking over their shoulders.

One Nation could save the NSW Liberals. Not so in Victoria

One Nation’s prospects in the NSW and Victorian elections are vastly different. The results, especially in optional-preferential NSW, will not tell us much about the party’s chance of holding the balance of power, or even its number of potential seats, in a 2028 federal parliament.

Take Victoria. Highly urbanised and historically wealthy enough to prefer noblesse oblige , Victoria lacks the regional seats that One Nation needs to reduce Liberal-National party room numbers. That Victoria has had only two Shooters, Fishers and Farmers Party representatives in the parliament is proof enough.

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