Labor were the clear betting favourite leading into the election so any correction should have already been largely priced in if there was to be a correction as the result is hardly a surprise for anyone following all the indicators such as betting markets and polls.
Labor is highly unlikely to mess with negative gearing or franking credits or CGT as they did not take those matters to the election and as such have no motivation or mandate to instigate something that would negatively impact a significant portion of the population including their own voting base. In fact Albanese has dismissed those matters when asked about those taxation changes disastrously floated by Shorten at the last election.
Woodside Still a Good Bet, page-200
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