Australian politics: PM Gillard says she is the best person to lead government to poll

  • Says she is completely confident she will lead the Labour Party to the election

Headlines crossing the wires, PM Gillard speaking to reporters

Much speculation about a leadership challenge in the ruling party in Australia. Various polls show that the potential challenger for the leadership of the ruling party, Kevin Rudd, is well in front and would reduce ALP losses at the election due in September.

AUD/USD is dropping a little after the headlines crossed. OK, OK … ‘correlation is not causation’ and all that. Lets just say I’m making a note of the correlation.

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