The market rose more than 2% on Monday following the surprising election result, as short-sellers scrambled to cover positions, with banks some of the big winners.
The Australian sharemarket typically rallies after a federal election if you analyse the results of the last 23 elections. But which sectors do the best?
In the week of the Federal Budget and an RBA meeting, the fact that market volatility is now reaching its lowest levels since October last year went relatively unnoticed.
By leaving negative gearing and the capital gains tax deduction untouched, Budget 2019 represents undeniably good news for those hoping to generate wealth through property.
What is the outlook ahead for property investors? The election outcome spells good news for investors who can continue to practice tax-effective strategies.
Will the 2016 election have any impact on the property market? We ask AMP Capital chief economist, Shane Oliver for his thoughts.
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