"With the return of the coalition with its more pro-business policies and uncertainty now removed around changes... it's possible we will see a bit of a short-term bounce in the share market," he said.Dr Oliver said the Coalition win removed uncertainty on excess franking credits, changes to negative gearing and capital gains tax adversely affecting the property market, and increased industrial relations regulation.
Mr Whelan predicted coal miners would rally as the coalition is more friendly to the fossil fuel than Labor, said Whelan. "The economy is slowing and the unemployment rate has inched up, which could weigh on fiscal revenues," he said.Mr Zook said the likely continued need for crossbench support in the Senate could limit the government's ability to advance some of its policy priorities.
Xrp will be the biggest gainer in the next year as an investment by far. I wouldn't be wasting my time with stocks or real estate at the moment.
Ah - the main thing of course. The pagan god of the market is satisfied 😒
This will be the most stable hit the market has had in over a decade. 20% growth in 3 months. Lock it in.
Well duh 🙄
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Source: smh - 🏆 6. / 80 Read more »
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Source: SkyNewsAust - 🏆 7. / 78 Read more »
'Crazy', 'mad' and 'insane' gas market blamed for nation's power billsAustralians are reeling from electricity prices that have soared more than 130 per cent since 2015, and analysts say the number one culprit is the export of gas. Raise the price of Australian gas. Make the multinationals pay their tax. Raise the taxes on exports. Raise the royalties on gas. Slightly and gradually until the amount of gas exported leaves plenty for the domestic market. By doing so there will be a benefit to the environment. R_Chirgwin It’s not the market it’s the government. If you give our gas away this is what happens. BTW we have no fuel refineries and hardly any Australian flagged ships left so there’s another ‘market failure’ waiting to crush us. auspol The only reason the international demand, therefore price of gas, impacts on domestic power costs is because we shut down so many coal fired power stations. We could also be using solar thermal energy to gasify coal without the usual CO2 production that that process involves.
Source: abcnews - 🏆 5. / 83 Read more »
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Source: abcnews - 🏆 5. / 83 Read more »