Market behaviour will be interesting today. Normally a Labor win...

  1. 3,489 Posts.
    lightbulb Created with Sketch. 54
    Market behaviour will be interesting today. Normally a Labor win would lead to a drop - i.e. less business friendly etc - but we have gone from a minority government to a majority one, so less uncertainty. The downside is the certainty includes 10 years of deficits and more of what we got the last 3 years.

    The AUD should drop as well. I notice SVL dropping which presumably is due to lower likelihood of power supply approval for the mine.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.