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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared No end in sight as huge U.S. oil spill veers west | Video 2:54am EDT Global, emerging stocks rally after EU package 3:29am EDT WRAPUP 5-U.S. Gulf oil spill spreads west toward Texas 09 May 2010 Obama to nominate Kagan for Supreme Court: sources 2:33am EDT EU, IMF stitch together $1 trillion emergency fund | Video 3:30am EDT Nasdaq adds 12 stocks to list of canceled trades 09 May 2010 Gulf oil spill spreads west toward Texas | Video 09 May 2010 Oil at $65 a barrel may sound alarm bells for OPEC 08 May 2010 Florida has most to lose from oil slick 05 May 2010 Study finds what makes calorie-burning "brown fat" 06 May 2010 The Science of Success 27 Apr 2010 No end in sight as huge U.S. oil spill veers west | Video 2:54am EDT Florida has most to lose from oil slick 05 May 2010 Travel Picks: Top 10 islands off the beaten track 08 Jan 2010 Italian fund F2i suing Citi over investment plan 07 May 2010 EU, IMF stitch together $1 trillion emergency fund | Video 3:30am EDT Full text of EU crisis mechanism agreement 2:29am EDT Q+A-Details of EU crisis-prevention measures 09 May 2010 WRAPUP 5-U.S. Gulf oil spill spreads west toward Texas 09 May 2010 Obama biggest recipient of BP cash 05 May 2010 Australia PM suffers in polls after policy moves SYDNEY Sun May 9, 2010 6:24pm EDT Australia Prime Minister Kevin Rudd delivers a speech at the New South Wales Business Chamber in central Sydney April 29, 2010. Credit: Reuters/Daniel Munoz SYDNEY (Reuters) - Support for Australian Prime Minister Kevin Rudd has plunged and his Labour party is now on par with the opposition after controversial policy decisions unsettled voters in the leadup to elections, a fresh survey showed. World Rudd's approval rating fell 14 percentage points to 45 percent while his disapproval rating jumped 13 points to 49 percent, with just months before elections, expected to be held in October, according to a Herald/Nielsen poll in Monday's Sydney Morning Herald. The poll also showed support for Rudd's Labour party at 50 percent on a two-party preferred basis, on par with the opposition, after Rudd announced a hefty mining tax hike, placed his emissions-trading scheme on hold, dropped a plan to expand childcare, hiked tobacco taxes, and axed a controversial home insulation scheme. The survey showed support for the new mining tax at 44 percent while 47 percent opposed it. A Newspoll survey last week showed support for the Labour government was down 5 points to 49 percent, while the conservatives soared 5 points to 51 percent after Rudd dropped several centerpiece policies that helped him win power in 2007. (Reporting by Balazs Koranyi; Editing Gyles Beckford) World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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