Hours of talks between the two parties ended with the endorsement of an agreement between the Lib Dems and the Conservatives. Nick Clegg, leader of the Lib Dems, urged his supporters to keep their faith in him. He said he would not have agreed to anything he thought would not bring about the changes that he and his supporters believed in.

Details of the agreement have started to emerge. The two parties have agreed that there must be more effort to reduce the countries deficit. Both said that there must be a reduction in spending this year of at least £6 billion.

The Lib Dems have conceded their opposition to replacing Trident nuclear missiles, although they say that the budget of any new programme would be carefully scrutinised. The Lib Dems have also agreed that the Tories can put a cap on migration from outside the EU.

Speaking outside his new home at number 10 Downing Street, Mr Cameron thanked the outgoing Prime Minister for his hard work. He said that he was now looking forward to tackling the country’s most pressing problems, such as the economy, social problems and the political system.

After reaching a near-record low two weeks ago, following the disclosure about his relationship with Treasury official Godwin Grech satisfaction has risen back to 30 percent.

A recent survey conducted for The Australian newspaper last week indicated primary support for the major parties remained steady however satisfaction with Malcolm Turnbull rose by 4 percent.

Primary vote support for the Coalition rose by 1 point to 38 percent and the ALP was down by 1 point to 44 percent.  Following the preference flows at the last Federal election, the two-party-preferred vote was 55 percent in favour of the Government and 45 percent for the coalition.

The opposition leader has been embroiled in policy disputes from within the coalition over the government’s planned emissions trading scheme which has been attached by the Prime Minister for “misjudgement” over the past two weeks.

Thanks to the Australian for the above quotes and figures.  For more information on this article visit their website.