- DONALD Trump’s victory as the President-elect of the United States will drive more foreign investors to the safehaven of the Australian property market.
REA Group chief economist Nerida Conisbee said the uncertainty that came with the Trump victory meant people were likely to look to markets such as Australia.
“Australia will be a beneficiary of this as it is considered to be one of the safest markets in the world,’’ she said.
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A woman poses for a photograph next to the cardboard figures of Hillary Clinton Democratic presidential candidate, right, and Donald Trump the Republican presidential candidate. ((Balazs Mohai/MTI via AP)