The Coalition’s surprise election win has given local stocks a healthy shot in the arm, sending the Australian share market surging to a fresh 11-year high.

Bill Shorten and his proposed changes to negative gearing, capital gains tax and franking credits had been perceived on the market as detrimental.

ASX 200 has jumped to an 11-year high.Source:Twitter

<img data-action="zoom" data-action="zoom" data-action="zoom" data-action="zoom" data-action="zoom" src="https://cdn.newsapi.com.au/image/v1/b6a8a57f91cc396d5cc5a0ad1bdeffe8?width=650" width="650" height="365" alt="ASX 200 has jumped to an 11-year high.">

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The Coalition’s surprise election win has given local stocks a healthy shot in the arm, sending the Australian share market surging to a fresh 11-year high.

Bill Shorten and his proposed changes to negative gearing, capital gains tax and franking credits had been perceived on the market as detrimental.


The Coalition’s surprise election win has given local stocks a healthy shot in the arm, sending the Australian share market surging to a fresh 11-year high.

Bill Shorten and his proposed changes to negative gearing, capital gains tax and franking credits had been perceived on the market as detrimental.

ASX 200 has jumped to an 11-year high.Source:Twitter


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QA Editor

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