its going to be a xmas beetle bonanza tuesday, page-51

What would our market say to an election in March/April ??

I will say that I believe that the Govt know that an early election is perhaps their best opportunity to win.
They also know that they are on the nose, but if they throw out enough good news but unfunded policies, such as the NDIS, a promised surplus etc etc. they are punting on just scraping over the line as compared to being shown later in the year to have not delivered the surplus.

They will then spin their way out of not delivering them just as they put the spin on this latest RBA cut OR they just put further debt on the country to pay for them.

BUT if they don't win - those promised unfunded policies will act as time bombs during the next liberal government’s first term. Giving plenty of ammo and a platform to Gillard, Swan etc. to criticize and attack of non delivery and to then make further promises of handouts and sparkly glass beads.

I ask again how would our market react to an early election?

But how would it react to a win by labor? and a win by the coalition?

Obe