Shane Oliver, Head of Investment Strategy & Chief Economist view on Australia’s new Government

Key points

• The policies of the new Government if implemented are likely to lead to smaller government, less regulation and over time improved productivity and economic growth. 
• Expect a mini-budget around November that may contain more aggressive budget savings.
• The historical experience combined with the more business friendly approach of the Coalition suggests a positive share market response over time. 
• The key uncertainty relates to the new Senate.

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