coalition majority known tomorrow

Seven (SEV) is one of several stocks that stand to benefit from a clear Coalition majority in the Senate.

It will be up to National party member Barnaby Joyce. If he wins the last undecided seat once preferences are distributed tomorrow the Coalition will hold a clear majority in the Senate and impediments to legislative reform (including watering down of cross-media ownership legislation) will be removed.

If this happens watch the media stocks, they could rise further.

Ajax