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What effect will a change of government have come Monday? Will any stocks in particular be affected by new policy? Has the market already factored in the Labour party win?
Our markets do not like Labour govts. especially left wing ones.
think I agree with the ole silver budgy on this one at leastThe former Prime Minister Bob Hawke says John Howard has insulted the intelligence of voters by suggesting that Western Australia's resources boom will end if Labor is elected.
Mr Howard says the Federal Opposition's industrial relations policy would damage the mining industry.
Mr Hawke is in Perth to shore up party support with the Coalition looking to snatch several key WA seats held by Labor candidates.
He says the mining boom will continue regardless of the whoever wins the election.
"This business that the demand of China for iron ore, coal and other resources depends upon who's in power in Canberra is just a joke," he said.
"It's an insult to the intelligence of every voter."
Much fewer election threadsWhat effect will a change of government have come Monday?
And even the ALP will have to think about uranium big time (and very soon) if you look at the latest scientific reports on global warming in todays Age from the front page.
According to Howard if Labor wins.. Strong Economic will grind to a halt..mining boom stops, you lose your job, you cant pay your mortgage
so that translates to, house price collapse, stock drops and we are heading into recession
what other fears can we scare people with?
what other fears can we scare people with?
Actually, once high grade uranium is depleted in around 80 years it is estimated, then even nuclear power will be as damaging to the environment as current fossil fuels!
Scary to think nuclear power is becoming the "new" and improved way of providing power whilst protecting our environment.......
Roe said:
Arabs, Muslims, terrorists and refugees.
Actually, once high grade uranium is depleted in around 80 years it is estimated, then even nuclear power will be as damaging to the environment as current fossil fuels!
Scary to think nuclear power is becoming the "new" and improved way of providing power whilst protecting our environment.......
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