So, after months of discussion, debate, confusion and uncertainty, the election has been and gone!! After months of talking about it, the “Bright New Future” we were all promised is apparently here and we are told “Australia is open for business”…..or is it?!?
Election night provided high drama and long speeches, and as a Pom experiencing my first Aussie election, I was fascinated to hear that people held Election night parties, cancelling their usual Saturday night escapades in favour of a night in front of the TV. And so, out of sheer curiosity, I too also tuned in to watch what all the fuss was about!!
Whether or not you tuned in to Channel 9’s coverage, with an ever grinning Karl and Lisa and a huge panel complete with a lady with a bright fish patterned blouse and numerous graphics of defeated (Labour) candidates being dropped into a shark tank and eaten, or you watched the more sedate and informative ABC coverage- what unfolded was exciting and dramatic and I must admit kept me glued to the TV!
So, now the dust has settled, what does the result mean for Australia and especially families and business’ in Queensland. The good old Sunshine State seems to have dealt its current state representatives a wake up call by bucking the national trend and supporting (predominantly) Labor. Has the result provided clarity, green shoots of economic recovery or will it mean more money in the pocket of Australians and Queenslanders? Only time will tell…….
Even before the new government has been sworn in, this week has seen more positive news within the mining sector, the dollar up, markets trading higher and, according to the Westpac Melbourne Institute Index of Consumer Sentiment released on Wednesday, consumer confidence is at its highest since 2010. So far, so good!!!
It is early days but what is certain is that the new administration has a big job on its hands and with Australians, and business’ watching, it will need to act quickly to show that Australia really is open for business.