Bring on the election confidence bump

Business and consumer confidence is set for a bounce post-election, providing a majority government is selected.

History tells us the share market responds positively to election results, regardless of the winning party. Of 11 elections in the past 30 years, the All Ordinaries index has gained an average of 1.3 per cent in the month following the result.

There is no reason for this not to hold true after the vote on Saturday, providing talk about military action against Syria pacifies.

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