The 2022 Australian Federal Election and Investors
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital looks at the implications for investors of the 21 May Australian Federal election.
The Key Points are as follows:
- Australian election campaigns tend to result in a period of uncertainty which have seen weak gains on average for shares followed by a bounce once it’s out of the way
- Labor is not offering a significantly different economic policy agenda than the Coalition. With exception of climate policies, it’s hard to see a significant impact on investment markets from a change in government.
- A bigger risk would come from a hung parliament resulting in a minority government forced into reliance on minor parties or independents
Read The Full Article Here: https://www.ampcapital.com
