10 billion dollars for road, rail and freight. Money for health, home ownership. Wonder what other major announcements yet to be released tomorrow night in the budget. There is also the small matter of all the other properties yet to be built or repaired due to the devastation of the fires and floods.
Aust is not the only country in the world who have announced major spending to restart their economies. Today we witnessed a spike in the price of iron ore and copper. Which companies on the ASX are going to benefit ??? Perhaps it may be an idea for us to list a few who fit the mold.
FMG- finally started to break out after treading water for a few months.
MGX- a small rise today, what does its future hold ??
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