11 Mar The 2025 Australian Federal election – implications for investors

Key Points

• Australian election campaigns tend to see uncertainty driving weak gains for shares, followed by a bounce.
• Labor is offering more of the same whereas the Coalition is offering smaller government albeit without much detail. A hung parliament & minority government is the biggest risk.
• To return to decent and sustained real wage gains requires a productivity enhancing reform agenda. This election is unlikely to deliver much on this front.

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