Tags » Australia & NZ

Government aims for wrong target on debt | MacroBusiness

Macrobusiness quotes LF Economics’ submission to the House of Representatives Budget Savings (Omnibus) Bill 2016:

….It is critical policymakers reign in exponentially-growing private sector debts as this consists of a major source of future financial instability.

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Australia & NZ

Kevin Andrews and the challenges for Australian conservatism

By William Hill:

The Liberals …have to decide how to confront the anti-business, anti-immigration trend that is developing on their right flank.

John Howard was able to manage One Nation by moderating his criticism and by appearing to assuage some of their concerns.

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Australia & NZ

Australian banks rally

The ASX 200 is headed for another test of resistance at 5600. Bearish divergence on Twiggs Money Flow warns of selling pressure. Breakout above 5600 is unlikely and breach of the lower trend channel would warn of a test of primary support at 5000/5100. 39 more words

Stock Markets

TPG shares drop more than 20 per cent on disappointing forecast

From Lucy Battersby:

The market has fallen out of love with telco company TPG….

The cut-price telco beat guidance by just $300,000 when it has a history of beating guidance by tens of millions of dollars.

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Stock Markets

Opportunities in Australian banks | Franklin Templeton

Alastair Hunter – Lead Analyst, Investment Manager | Franklin Local Asset Management

Stock Markets

Ganggajang: Sounds Of Then

More Australiana: Sounds Of Then (This is Australia) by Ganggajang

Australia & NZ

Australia: ASX 200 weak but support for banks

The ASX 200 penetrated its lower trend channel, indicating that the up-trend is slowing. This week’s long tail indicates short-term buying pressure but not necessarily a reversal. 77 more words

Stock Markets