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Beware Donald Trump’s threat to insurers, including in Australia

Australia’s insurers are red-hot with investors. They are finally delivering. But keep an eye on Canberra, as Donald Trump reminded us overnight.

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The great Australian financial services melt-up shows no signs of stopping.

We love banging on about Commonwealth Bank’s record share price, but Macquarie Group is also there, National Australia Bank is close and the insurers are not far behind. There is exuberance on the streets.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/beware-donald-trump-s-threat-to-insurers-including-in-australia-20240918-p5kbh1