Election 2016: some concerns

With the election set for July 2, we have to accept the effect that unions, the banking regulator and the property market have on our economic growth.

Summary: I have a few key concerns that investors should take note of prior to the federal election on July 2: the first is that the Greens and ALP will back union stances on policies, the second is that the APRA credit squeeze on our big banks has more affect on our prosperity than any politician, and in the face of the mining boom end, the property market has acted as a buffer and its strength affects our growth.

Key take out: I hear anecdotally that mid-sized companies are looking to expand, which is a good sign – but these longer term risks remain.


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