Source: LSEG Datastream, Morgans, ABC News
Do governments have much of an impact?
Macro impacts such US markets are a bigger driver of ASX returns than governments
1990
1995
2000
2005
2010
2015
0
500
1000
1500
2000
2500
3000
0
1000
2000
3000
4000
5000
6000
7000
S&P/ASX 200
S&P 500 (RH Scale)
ALP
Lib/Nat Coalition
ALP
Lib/Nat Coalition