Oliver's Insights - The Australian Federal Election and investment markets
21 July 2010 - This note takes a look at the impact of the Australian Federal Election on financial markets.
The key takeouts are:
- The Federal Election is unlikely to have a major impact on financial markets at an aggregate level. In fact, the historical record suggests little clear impact, with other factors proving more important. This may partly reflect the broad similarity in terms of macroeconomic policies between both sides of politics.
- There is a greater potential for impact at the sectoral level, particularly if there is a change of government.
