An Investor’s Guide to Navigating the Australian Election (1)

The outcome of Australia’s tight federal election could be the next catalyst for local assets as a tariff standoff between the US and China continues to rattle markets.

The benchmark S&P/ASX 200 Indexis heading into Saturday’s vote down 5% from its February record high as tensions simmer between the world’s two biggest economies. Meanwhile, Australia’s currency is the worst performer among Group-of-10 peers this year.

The next government will have the challenge of maintaining economic stability amid risks from US President Donald Trump’s trade agenda. While Labor Prime Minister Anthony Albanese and center-right opposition leader Peter Dutton have ...