Australian PM Turnbull holds a media briefing 13 July 2016
- priority is budget, economic measures
- have no reason to doubt budget revenue forecasts
- plans to announce his new govt early next week
Newly returned PM now has to convince markets and voters that he has the ammunition to do the job.
- plans a very strong working relationship with UK
Meanwhile AUDUSD 0.7599 near session lows after a steady AUDJPY led retreat.