"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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'Dumb money' chase: In the world's wildest stock market, experts are trying to think like amateursIn China's $9.5 trillion stock market, traders are coming up with clever ways to predict what mum-and-dad investors are thinking. ...this is called gambling; the stock market ceased t exist some time ago - all that remains are horses to bet on...what a joke... These dumb a**es are just gambling. No algo can predict their pattern because even they have no idea what they’re doing. Red or black, that’s all that matters. And the house always wins.
Source: smh - 🏆 6. / 80 Read more »
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Source: SkyNewsAust - 🏆 7. / 78 Read more »
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Source: abcnews - 🏆 5. / 83 Read more »
NZ indicates PM's home deposit plan will suit a ‘niche’ market | Sky News AustraliaAs Prime Minister Scott Morrison defends his first home buyers plan, experts are shedding light on how a similar scheme has been working in New Zealand. \n \nOne mortgage broker has told Sky News that a policy, which has been in place since 2003, has had a ‘lukewarm’ response, with just 10 per cent of first home buyers using the scheme. \n\nCraig Pope says it fills a ‘niche’ group of people: those unattractive to the banks but who can fulfil their repayment obligations. \n\nWhile the scheme in New Zealand requires a 10 per cent deposit, the plan announced by Mr Morrison, and backed by Labor, would allow first home buyers to purchase a house with just a five per cent deposit. \n\nImage: News Corp Australia \n\n\n It works in New Zealand, but has low numbers using it due to the overpriced housing market and unrealistic expectations of firsthomebuyers
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Source: abcnews - 🏆 5. / 83 Read more »