Hotels and clubs face post-election trouble
Although the polls suggested the recent federal election would be close, much of the Australian electorate expected the incumbent Turnbull government would claim a decisive victory and had assumed a high degree of certainty regarding various policy positions and proposed legislative changes. Without control of the Senate, implementation of the Coalition’s stated policy agenda now appears precarious with a wide range of policy areas in doubt, including proposed changes to superannuation and business tax cuts. In an article published this week in the Australian Financial Review, I discuss policy areas affecting business and investors where political uncertainty remains. Read the article here (VIEW LINK)
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...