Stocks will benefit / suffer from a Labour government?

[Absolute144]

Depends - stocks which export, the drop in NZD vs USD will mean the exchange rate more favourable. Very high risk stocks probably not affected at all - because theres far more at play than who your government is. Other stocks im not sure, May depend on number of low wage employees, foreign workers, how much of your value is property etc.

[value_investor]

I also have to say depends but mainly because we are acting on speculation still. Not a lot of policy is known and an awful lot of work will have to go in before anything is implemented, especially before the end of the year.

In the meantime, I suspect some shares will drop following on from the results but will recover quickly and it will be a good time to buy in if you are a long term investor looking to buy great companies at fair prices. The way things have gone on recently has made it difficult to find bargains.

Will this stop the bull market from continuing on? Its hard to say yes sincerely to that considering the markets are much more resilient than they ever have been.

[Bjauck]

Hopefully they won't damage the property market...

As far as first home buyers, people upsizing and many renters are concerned the residential property market has already been allowed to become well “damaged” especially in Auckland. NZ has the most unaffordable housing market.

[drcjp]

What do you think winston meant by his comments on “capitalism”? Increase in company taxes, CGT?

He meant nothing at all. The guy was talking rubbish as usual. His only concern was baubles and Ministerial positions for his useless bunch of coat-tailers. The silver lining is that he is not up for Finance.

I'm predicting an election driven market correction of a decent size.

[bull....]

He meant nothing at all. The guy was talking rubbish as usual. His only concern was baubles and Ministerial positions for his useless bunch of coat-tailers. The silver lining is that he is not up for Finance.

I'm predicting an election driven market correction of a decent size.

im expecting a knee jerk reaction offer nice buying be short lived.

nz dollar drop exellent for exporters

[trader_jackson]

I am hoping a fee stocks go on sale today and hopefully continue till Tuesday or Wednesday next weej, don't think the sale will last long (Good sales never do) and I hardly think things will crash.

[fish]

I am hoping a fee stocks go on sale today and hopefully continue till Tuesday or Wednesday next weej, don't think the sale will last long (Good sales never do) and I hardly think things will crash.

I agree thats how it should happen if the market stays rational.
Fear might cause some panic selling so will be watching the market closely

[Lewylewylewy]

Do you think that labor will introduce a cgt on property?

[Carpenterjoe]

Reckon, Orion.

[drcjp]

Do you think that labor will introduce a cgt on property?

I'd say its a certainty. Question is, how backdated will it be? I wouldn't put it past them to try apply it to purchases up to 5 yrs old.