The Traderszone Network

Published in TZ Latest News 2 July, 2016 by The TZ Newswire Staff

Australian election result – not yet … Still too close to call

The Australian election, held on Saturday, has still not been called, it is too close.
Here are the facts:
(via ABC)
Here is what is likely:
– While the result is too close to call it does appear likely that the current ruling coalition (Liberal) will win the majority of the 11 seats still in doubt (probably 8 of the 11) – they need to win at least 9 of the 11 to form a majority government, but if its less than 9 then they would typically get the first crack at forming a minority government
Here is some speculation: