Australian Stockmarket wins the Election
Our analysis shows that Federal Elections are positive for the Australian stockmarket, regardless of the outcome.
A look back at the last 30 years and 11 elections, has seen the Australian stockmarket increase by 1.31% each month on average in the three months following an election. That equates to an almost 4% gain for the quarter immediately following an election.
Senior Strategy Analyst Rebecca Sullivan discusses our analysis with our Chief Economist Michael Knox:
Ten Stocks to buy before the Election
Invest now in Australian shares with our ten buy recommendations:
- Wesfarmers (WES)
- JB Hi-fi (JBH)
- National Australia Bank (NAB)
- Westpac Banking (WBC)
- Suncorp (SUN)
- Ramsay Healthcare (RHC)
- Telstra (TLS)
- Aurizon (AZJ)
- BHP Billiton (BHP)
- Oil Search (OSH)
View our special bulletin for more details on our ten stocks to buy now.
If you are interested in investing in our recommended stocks, please contact your adviser or nearest Morgans office. Alternatively, clients can login to access the latest research on these stocks.
Our research is complimentary for all Morgans clients. Contact us if you are interested in becoming a client and accessing our research.