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Kakakala12 Male ID: 151347230
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    Kakakala12 commented on
    Chatting to some mates and the idea of negative gearing only applying to new builds came up...
    Sounds like a bit of a game-changer, doesn't it? Like, It's like giving a sweetener to the construction industry while taking a sip from the taxpayer's coffee cup – a bit less bitter for everyone.
    Imagine, you're a builder, and suddenly, your new projects are the only ones that attract the tax break party. It's like you've got a secret invitation to the cool kids' t...
    2
    $BHP Group Ltd (BHP.AU)$ $Rio Tinto Ltd (RIO.AU)$ China cuts again… sending resources soaring.
    Looks like selling over priced banks and buying loads of BHP and RIO finally paid off (stated a few times over the last few weeks that’s what I did in large volumes).
    The ASX miners that are already producing should technically become more far more valuable as the approvals process to get a mine started is completely stuffed. $Pilbara Minerals Ltd (PLS.AU)$ $Newmont Corp (NEM.AU)$ $Fortescue Ltd (FMG.AU)$
    A2 Milk ( $The a2 Milk Co Ltd (A2M.AU)$ ) shares are back in the BUY zone after tanking 18%….It’s profit result was solid and the company is guiding to mid-single digit revenue growth for FY25. A2M is in an incredibly strong financial position with almost $1bn cash on the balance sheet….I wouldn’t be surprised to see a giant like Nestle come along and scoop it up on the cheap; BUY last sale $5.70
    +14.5% Talga Group ( $Talga Group Ltd (TLG.AU)$ ) - Change in substantial holding (increase), but also Friday's Talga Group Ltd Prospectus Offer
    +10.0% Avita Medical ( $AVITA Medical Inc (AVH.AU)$ ) - Continued positive response to Friday's AVITA Medical Reports Second Quarter Financial Results, upgraded to buy from hold at Bell Potter and price target increased to $3.60 from $3.20
    +9.2% Westgold Resources ( $Westgold Resources Ltd (WGX.AU)$ ) - No news, rise is consistent with pr...
    Kakakala12 reacted to
    Now that all bets are off for a rate rise, the question once again is when Australians will see a cut to the current cash rate of 4.35%.
    Westpac and Commonwealth Bank economists have reaffirmed their forecast of a November rates cut while their big four peers NAB and ANZ are predicting the first downward movement will be in February 2025.
    But while Mr Aird tips the RBA will revise down its inflation forecasts, he's not expecting RBA governor Michele Bullock...
    Financial markets are united in forecasting the Reserve Bank of Australia will keep a hold on interest rates at its board meeting next week.
    But one leading economist is expecting to see a significant downward revision of the RBA's headline inflation forecasts to reflect the impact of government energy rebates.
    Financial markets had been hanging on the result of Wednesday's quarterly CPI data which showed annual inflation had climbed to 3.8%...
    WHAT DO YOU SEE FROM AUSTRALIA CPI DATA?!!!!!!!!:) I SEE EXACTLY CPI IS GETTING REACCELERATED NOW!!!!!!:) LONG STORY SHORT THAT RBA MUST HIKE INTEREST RATE ASAP AS HIGHER AS THAN WHERE IT IS NOW!!!!!!:)
    OR WE WILL SEE MORE+MORE+MORE COLLAPSE OF AUSSIE$ FURTHER FROM HERE!!!!!:)
    $S&P/ASX 200 (.XJO.AU)$
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    Aussie shares fell sharply on Thursday to record the worst day in 6-weeks. The ASX200 closed 103 pts or 1.3% lower to 7,861. All 11 sectors were in the red. Tech (-2.7%) and consumer stocks (-2%) were the worst performers, while energy and property sectors also heavily weighed. $S&P/ASX 200 (.XJO.AU)$
    Oh no! 📉 Rio Tinto (RIO) share stook at umble today,divingasmuchas2.6116.75, with a final close down 1.6%, marking its lowest point since March 18th. 😲
    It seems investors were left a little underwhelmed by the muted second-quarter update, especially after those shipment numbers fell short of expectations. 🚢💔 Despite the company's massive operations and the impressive tonnage they managed to ship, the market was looking for even more magic dust.
    But hey, Rio Tinto is a resilient beast, and we all...