Everyone loves the notion of something for nothing – especially if the government is footing the bill – but for the childcare operators the hastily implemented “free” system during the virus crisis has fallen well short of a socialist paradise. Put another way, the emergency measure may have assisted some parents but was less than
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Stand back and take a look at the Australian Government’s outstanding debt position over 17 years and ask yourself whether the politicians words of “fiscally conservative”, “balanced budget”, “ensure all new expenditure is funded”, and variations of “surplus, surplus, surplus” actually mean anything. It looks like a straight line, and sure, there have been times
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Recent economic and stock market disruption brought about by COVID-19 has led many listed companies to tap their shareholders for additional funds. This process usually occurs in the form of an institutional placement, followed by a retail share purchase plan. The institutional placement usually occurs over the course of one or two days, allowing financial
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Global oil giant BP Plc “now sees the prospect of the COVID-19 pandemic having an enduring impact on the global economy with the potential for weaker demand for energy for a sustained period. The pandemic will accelerate the pace of transition to a lower carbon economy and energy system.” Revised long-term price assumption & impairments.
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In the new era of germ awareness, co-working spaces have transformed from a booming sector to a public health hazard. Exalted as a creative collaborative zone in the industry’s millennial friendly jargon, the humble tea room is now maligned as a potential virus super spreader. The lockdown conditions have not augured well for the office
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Bank shares might have staged an impressive recovery from oversold levels – but don’t confuse that with any semblance of investor agreement on where the sector is headed. For every optimistic pronouncement about the worst being over as the nation returns to work – and indeed play – there’s a bearish investor proclaiming the true
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