Which companies will benefit from a Labour only Govt, & why?

[Getty]

The people have spoken through the ballot.

Who will make money, and who may make less? .

[Greekwatchdog]

Can't think of any at this stage after all, looks like we are going to get a New Public holiday, 5 more days of sick leave for people to abuse, all more cost to business.

[couta1]

Can't think of any at this stage after all, looks like we are going to get a New Public holiday, 5 more days of sick leave for people to abuse, all more cost to business.

Just what struggling businesses need after Covid, this is really going to help.

[tim23]

Just what struggling businesses need after Covid, this is really going to help.

a lot of business owners clearly voted Labour too...

[fungus pudding]

a lot of business owners clearly voted Labour too...

That's called strategic voting. It was obvious Labour would lead the next govt. so getting their vote up would mean they would not be dictated to by the Kermits.

[hogie]

Not sure if things are going to be as bad as people think ... the government has borrowed ~$50,000,000,000 from future generations to pay for the "now" ... the next government in 2023 and beyond are going to have massive issues going forward ...
If Greens have their way the tax rates are all going to increase excessively which will likely mean a brain drain to Australia and other lower tax countries ... we will lose any competitive advantage we had and will have to import skilled workers from India, China, Philippines ... all we will hear "they are stealing our jobs" so the locals will get more handouts.

All a horror story .. I really hope this all doesn't come to pass



I don't see much upside for the stock market in the next 3 years ... goodluck to all!

[King1212]

Work and income company limited...those who do stuff all ..sitting at home and breeding many kids....all will benefit with labour.....

[couta1]

No companies will benefit and more small businesses will fail over the next few years. PS-The people spoke to keep the Greens out of a power position I believe.

[jimdog31]

i do believe retail will be fine for the next 12 months - if over 50% of people are happy with the encumbent that represents a large cross section of society who remain confident/happy.

[Zaphod]

IMO retail will struggle over the next few years as costs rise significantly (min wage to $20 in 2021 and higher each year, new public holiday, double sick leave entitlement, fair pay agreements etc.), consumer wallets become tighter for anything other than housing, and the retail purchasing methodology changes significantly post COVID.