An investor-friendly budget

Despite earlier concerns, there are few signs of economic weakness. Indeed an anticipated ‘fiscal consolidation’ may never come to pass.

Regardless of your political views – or your view on whether you think the budget is good overall or not – the key takeaway for me in this budget is that there is nothing to cause undue worry to investors. There is nothing that, for instance, adds to the case for a shift out of resources or to sell apparently overvalued banks.

In fact it’s quite the opposite, and in a market where investors are rightfully skittish – bombarded with an array of conflicting advice – I think investors should probably take heart from this budget.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles