Australian national election will be on May 3, Prime Minister Anthony Albanese has (finally) set the date.
The current government in Australia is centre-left, while the opposition is centre-right.
Australian financial markets are rarely troubled too much by a change in government. The differences between the two sides are rarely vast.
We await official election policies but top-of-mind right now is that:
the government has promised new income tax cutsthe opposition, on the other hand, have promised petrol (gasoline) tax cutsBetting markets currently favour the opposition.
The two contenders:
Albanese and Dutton
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