Some Australian industries may benefit from Brexit


Australia is one of the many countries eager to see what impact Britain’s vote to exit the European Union will have on its economy.

Some analysts believe the move will strengthen Australia’s ties to the U.K., and prove to be a benefit down the road.

CCTV’S Greg Navarro reports.

Australia’s government has ordered financial regulators including the Reserve Bank to prepare reports on the fallout from Brexit beyond the initial market shock.