Trump's potentially harsh implications for Australian economy, property markets
A global trade war and and inflation-fuelled interest rate increases could be among the ramifications for Australian households in the wake of Donald Trump's US election victory.
It's more than 15,000 kilometres from Australia to Washington but the US election could have major implications for the local economy. (Image source: Shutterstock.com)
The re-election of Donald Trump to the US presidency could have economic ramifications in Australia as compelling and unpredictable as the margin of his victory.
At a time when the global geopolitical scene presents a seemingly endless array of fault lines, flashpoints and humanitarian disasters, a Trump promise to launch a trade war against China and other exporters to the US will have Australian governments, economists and borrowers looking on…
