By Jonathan Barrett and Harry Pearl
SYDNEY (Reuters) – The rapid resurgence of nationalist politics in Australia was abruptly halted on Saturday after Pauline Hanson’s One Nation party drew less than 5 percent of the vote and was set to win just one seat in a state poll.
The vote was the first major test of popularity for Hanson since winning a place in the federal parliament last year, when she rode a wave of anti-establishment sentiment similar to that seen in the United States and Europe.
With two-thirds of the votes counted the Australian Broadcasting Corporation forecast that One Nation would win one seat, confounding expectations that it could gain enough to influence legislation in the new state parliament.
“This has certainly halted the sense of momentum building around One Nation that has been there since July last year,” said Associate Professor Haydon Manning, a political scientist at Flinders University.
Before the vote, the governing Liberal party ditched its traditional allies to strike a deal with Hanson’s party to swap preferences – a measure in Australia’s voting system designed to help both parties increase their presence in the new parliament.
The deal appears to have back-fired, with Hanson losing some of her anti-establishment fervor and the state Liberals putting off their center-right base.
“Doing the deal with the Libs has done damage to us, in all honesty,” she told Channel 7 as the election results became clear.
PRIVATIZATIONS ON ICE
The election result has ended plans for several asset sales that Labor campaigned against, including a proposal to sell a majority stake in the A$15 billion ($11.3 billion) Western Power electricity grid through a public float along with privatization of the $1.5 billion Fremantle Port.
The result will also see mining giants Rio Tinto and BHP Billiton escape a state tax on their iron ore businesses proposed by the rural-centric National Party, which fell short of obtaining the influence to force such a measure.
(Editing by Alexander Smith and SImon Cameron-Moore)