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Australian Stock Market

Australian Stock Market

The LNP (The "conservative" party) won the federal election in Australia last night. Investors sigh a breath of deep relief. If the Labour party (communist lefty scum) won the election they were planning massive tax increases for a large number of investors (higher capital gains taxes, scrapping of negative gearing, and scrapping of franking credit refunds). Investors have dodged a massive bullet.
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