Federal Labor minister turned fintech investor Lindsay Tanner says Australian traders and investment professionals betting on a Joe Biden victory in the 2020 US election might want to think twice.
The former politician, who served as finance minister in the Rudd-Gillard Labor government, said US President Donald Trump had a strong prospect of winning a second term at the general election in November, despite polls showing he is behind his Democratic challenger by at least 4 percentage points in six top battleground states.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
