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but but but we have FIRB to protect us from big nasty foreign opportunists ... don't we ?
The state of the economy at the street level
- Thread starter Tyler Durden
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Well put it this way, a mate told me to drop in at his uncles place to pick up some fruit, when the wife and I were doing a road trip.
His uncle only exported his fruit, well long story short, we were meant to take it back home, but ate it all on the way, absolutely unbelievably tasty.
His uncle only exported his fruit, well long story short, we were meant to take it back home, but ate it all on the way, absolutely unbelievably tasty.
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From my perspective I think that average citizen wouldn't have a clue where the produce they buy comes from.
It just magically appears on the supermarket shelves, doesn't it??
It just magically appears on the supermarket shelves, doesn't it??
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Hmmmmmmmmmmmmmmmmmmmm dream on!!!!!
Knobby22
Mmmmmm 2nd breakfast
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Supply issues, when you source everything from a small centralised number of supppliers, is hitting W.A retailers.
www.abc.net.au
More empty shelves ahead in WA supermarkets as Coles and Woolworths try to restock stores
Dairy products, meat and other groceries are set to remain in limited supply across Western Australia for at least another week, as supermarkets struggle to recover after widespread flooding cut off critical transport routes last month.
www.abc.net.au
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Ahh we will be net zero https://www.news.com.au/finance/bus...t/news-story/58d371746e3ea8cfdbff964bcf4a2525
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will be some fallout from this , even if the receivers sell it for the proverbial dollar
but is there opportunity in this ?
CWY is a fair way above my target price
however some other ASX listed stocks might be tempted ( to buy it , especially if there are government incentives , and keep the recycling narrative intact )
Last edited:
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It's like chopping off your nose despite your face, where is most of the plastic going to go now?
Most likely into the ocean or to some poor nation that stores it like the size of a mountain.
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It was interesting in the article, that there has been a 22% increase in company bankrupcies, mainly in manufacturing related to residential building.
Things are getting messy.
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By W.A standards this is big, Colliers have been around for a long time.
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The SMH giving a stark reminder of the state of the economy at street level.
amp-smh-com-au.cdn.ampproject.org
Working Australians suffered the biggest
Increase in average tax rates in the developed world with the end of the low- and middle-income tax offset and bracket creep, just as an unusual mix of petrol, cooking oil, bread and insurance combined to drive up the cost of living.
Australians flattened by biggest tax increase in world
Working Australians suffered the biggest
Increase in average tax rates in the developed world with the end of the low- and middle-income tax offset and bracket creep, just as an unusual mix of petrol, cooking oil, bread and insurance combined to drive up the cost of living.
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Nah listen to labour, we all have tax cuts, they said it on their radio ads yesterday...The SMH giving a stark reminder of the state of the economy at street level.
Australians flattened by biggest tax increase in world
Working Australians suffered the biggest
Increase in average tax rates in the developed world with the end of the low- and middle-income tax offset and bracket creep, just as an unusual mix of petrol, cooking oil, bread and insurance combined to drive up the cost of living.
, and 10% of each inflationary rise is straight to the ATO coffers .
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Yahoo put out an article a few days ago.
Inflation war: Bittersweet trillion-dollar milestone as government cashes in on your hard work
Inflation war: Bittersweet trillion-dollar milestone as government cashes in on your hard work
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RBA to lift cash rate to 5.1pc, says top forecaster
RBA to lift cash rate to 5.1pc, says top forecaster
Judo Bank’s Warren Hogan, who was ranked 2023’s most accurate forecaster, predicts a resurgent economy will force the RBA to lift rates to 5.1 per cent.
There is data trending in the right direction to semi support this view although IB futures are as dynamic and mean reverting as anything out there , atm we are seeing just a hint of a hike starting to be priced with the terminal rate now above the present cash rate for the first time in many months . The chart posted here is the projected terminal rate change in Sept as priced by IB futurtes , this chart is a little delayed with current pricing at +3 bps terminal rate in sept compared to the -50bps of cuts priced 2 months ago . Dec '24 getting closer to a full rate hike priced .
wayneL
'Abba Shboq Lhon'
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T
Ten year bonds are trending up.RBA to lift cash rate to 5.1pc, says top forecaster
RBA to lift cash rate to 5.1pc, says top forecaster
Judo Bank’s Warren Hogan, who was ranked 2023’s most accurate forecaster, predicts a resurgent economy will force the RBA to lift rates to 5.1 per cent.www.afr.com
There is data trending in the right direction to semi support this view although IB futures are as dynamic and mean reverting as anything out there , atm we are seeing just a hint of a hike starting to be priced with the terminal rate now above the present cash rate for the first time in many months . The chart posted here is the projected terminal rate change in Sept as priced by IB futurtes , this chart is a little delayed with current pricing at +3 bps terminal rate in sept compared to the -50bps of cuts priced 2 months ago
View attachment 175605 View attachment 175604
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wayneL
'Abba Shboq Lhon'
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I knew what you meant
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