Tony Abbot and his Liberal National coalition won the Australian elections this weekend and I think it will be AUD positive as his party may finally take steps to revive the $1.5 trillion economy and cut unnecessary spending from the Australian budget.
I look forward to the work he will do and the impacts it will have for Australia and the economy. He will face an uphill battle on this tax reform, and I am monitoring what is happening on that front as it will be a huge boost in my opinion if he succeeds to reduce taxes. I am more and more bullish on Australia and share the minority view on the Australian currency.
I look forward to the work he will do and the impacts it will have for Australia and the economy. He will face an uphill battle on this tax reform, and I am monitoring what is happening on that front as it will be a huge boost in my opinion if he succeeds to reduce taxes. I am more and more bullish on Australia and share the minority view on the Australian currency.
