Directors warn of investment delays amid Trump, election uncertainty
Company directors from firms as diverse as Macquarie, Fortescue, Dexus, Perpetual and Prospa say Donald Trump’s ad hoc decision-making and the upcoming Australian election will lead to projects being delayed.
President Donald Trump’s ad hoc decision making and determination to act in the United States’ economic interests are set to put the brakes on investment by Australian companies, leading directors warn.
Lack of clarity over the president’s attitude towards China and Taiwan and security in the South China Sea only added to the uncertainty, directors said.
Sally PattenBOSS editorSally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
Patrick DurkinBOSS Deputy editorPatrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
