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Impacts of elections on the market
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Impacts of elections on the market
Labor’s election victory is historic. Votes are still being counted, but at this stage, the party will likely secure more than 90 of 151 seats* in the House of Representatives. This is an extraordinary majority; the likes of which Labor has not enjoyed since Bob Hawke’s first term in 1983. Tony Abbott was the last prime minister to command such authority in the lower house, winning 90 seats in the 2013 election. I won’t dwell on the raw politic…
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