"It stands to reason that when the cost of a service is rising at double and, at times triple, the overall rate of inflation, after a period the marginal utility falls demand for that service will naturally stall and decline.
It's an economic axiom: Nothing can increase faster than the rate of the system forever. "
Which made me think of this other economic axiom.
Households will continue to deleverage. How that deleverage occurs will take multiple forms. Discretionary expenditure will struggle until the deleverage is complete.
Ann: FY20 Half Year Results ASX Announcement, page-22
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NHF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.50 |
Change
0.230(3.16%) |
Mkt cap ! $3.621B | |||
| Open | High | Low | Value | Volume |
| $7.37 | $7.52 | $7.33 | $5.579M | 747.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7644 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.51 | 7793 | 14 |
View Market Depth
| Last trade - 14.34pm 31/07/2024 (20 minute delay) ? |
| NHF (ASX) Chart |