We show that political uncertainty influences corporate investment at the Australian state-level. More specifically, we … determinants of corporate investment. We also show that political uncertainty affects corporate investment of firms differently …

This paper examines the impact of economic policy uncertainty (EPU) on the Australian firm investment activity. We find … a significant positive relationship between the EPU and the firm investment over 2002 to 2017 period. Our main results … the impact of EPU on the Australian firm investment activity and provides important policy and managerial implications …