One thing to add as a tailwind with be the strengthening AUD.
Kogan like JB Hifi etc, anyone that imports their goods to sell domestically will benefit. I.E their cost of good gets cheaper and margins widen as domestic prices stay flat/continue to increase.
On the flip side exporters, Miners selling USD denominated commodities, TWE etc would be impacted negatively as their exported goods appear more expensive on a relative basis.
Ann: S&P DJI Announces December 2020 Quarterly Rebalance, page-5
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