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Alex Saunders ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‘จโ€๐Ÿ”ฌ Jul 29
Is this even legal? Can Aussie banks just stop accepting cash next month?! ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿฆ๐Ÿ’ต
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James Foster 7m
Weekly review: Increased uncertainty leads the RBA to downgrade Australia's economic outlook.
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Ross Gittins Aug 2
When our political ideology stops us seeing the obvious
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Michael Janda Aug 5
If you've got shares but don't know your net profit from your EBITDA, are hunting for the meaning of goodwill or can't find your Appendix 4D, we've got you covered with simple definitions and a calendar of the key ASX-listed company reporting dates
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Ross Gittins Jul 31
Just one week later, budget update is looking badly astray
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Sam ๐Ÿ‡ฆ๐Ÿ‡บ Aug 5
Oz banks are extremely leveraged, they made one way bet on the housing market
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Sam ๐Ÿ‡ฆ๐Ÿ‡บ Aug 2
Wow, just went full bearish on the Oz banking system; if this happens, RBA and the Fed Government will need another $50-$100 billion to keep the economy from collapsing, if not more (unless virus somehow disappears)
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Alex Saunders ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‘จโ€๐Ÿ”ฌ Aug 5
Gold is nearly $3000/oz in Australia despite the RBA being the LEAST aggressive central bank to date. Real party starts when they fire up the money printers to save our overexposed banks from a failing property market, the biggest bubble of all. ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿฆ๐Ÿก
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Alex Saunders ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‘จโ€๐Ÿ”ฌ Aug 3
"55% of our 6M mortgage holders need to find a higher paying job within 6 months or they will default" Truly frightening figures we are now starring down the barrel off as Victoria goes back into lock down... ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿฆ๐Ÿก
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Sam ๐Ÿ‡ฆ๐Ÿ‡บ Aug 6
To my followers who weren't here 2-3 years ago; I emailed RBA's Tulip years ago; I told him he got Iceland very wrong & questioned his rationale in saying Iceland could afford more leverage; (Iceland's banking went bust). Tulip's reply 'Sometimes economists get it wrong'
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Robert Rennie Aug 3
Top end of Westpac A$ โ€˜fair valueโ€™ range hits 0.7025 which is high back to Jan this year meaning the A$ is still above โ€˜short term fair valueโ€™ but only just as iron ore price rises sharply narrowing the deviation to smallest in 8 weeks. Midpoint still sits at 0.67 though.
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David Scutt Aug 6
Another day, another big gain for iron ore spot markets. MBIOI-62 +2.7% to $121.27. Premium for 65% Fe over the benchmark narrows to 13-month low
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Pete Wargent ๐Ÿ‡ฆ๐Ÿ‡บ Aug 6
Aus sees a record decline in personal insolvencies in Q2, -35pc YoY, lowest in a quarter-century (AFSA)
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CommSec 1h
Saturday August 8, 2020 The Daily Table: a wrap of overnight markets
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Martin Hosking 23h
About to be interviewed by regarding Redbubble's business update announcement this morning.
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Ricardo Gonรงalves Aug 6
LISTEN: On the Money: The COVID effect on business with Anthony Scali, Nick Scali Managing Director | SBS News
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Callam Pickering Aug 3
China accounted for 48% of Australia's merchandise trade in June, up from 40% in December last year. Demand from China has helped to offset the economic impact of COVID-19
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Ross Gittins Aug 4
Believe it or not, some good things have come from the pandemic
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Alex Joiner Aug 4
AIG construction PMI less bad in July but survey taken before the latest restrictions in Victoria that will impact the industry
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David Scutt Aug 3
Iron ore jumps again with all major grades hitting fresh cyclical highs. MBIOI-62 +4.9% to $116.03 Slightly smaller gains elsewhere. Dalian futures +4.2% to ยฅ873. Steel production in China ramping, apparently
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