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Australian Hung Parliament Sees AUD/USD Gap Down
Saturday saw Australians head to the ballot boxes in what was expected to be a foregone conclusion for the centre-right Coalition government. But it’s 2016, and as we’ve seen from the Brexit shambles, there is an obvious disconnect between the demographic who participate in pre-election polls, and the wider community. While the archaic, manual counting process of the Australian Electoral Commission mean that we wont know final results until Wednesday onward, the tightness of the initial count means that no matter what the final numbers show, Australia has a hung parliament. The lower house crossbenchers including ... (full story)
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