In the midst of the many other wonderful discussions that occur on this site, I haven't seen one looking to explore the effect that the recent federal budget might have, especially on monetry policy and more broadly on the stock market. My thinking is that it will cause an increase in discretionary spending which will put pressure on monetry policy seeing another rate rise in the medium term. This will possibly slow the property market down further, causing and slow flow of money into the stock market. Could be interesting times ahead!
This is merely my opinion and does not constitute financial advice. When considering your financial objectives, please consult a suitably qualified and licenced professional.