you are right on the money,
we are individually responsible for our own prosperity, unfortunately the majority of us think that ultra low interest rates are an opportunity to own the things they have always wanted but couldn't afford while confusing excessive debt with real wealth, long gone are the days where people worked hard planned and sacrificed for the future.
As we know our economy needs lower interest rates, so the recent cut is clear and reassuring evidence that Mr Glenn Stevens is aware and ready to respond accordingly, lets just hope that, debt doesn't rise out of control, lets hope moving forward debt is directed towards productive investment rather then speculation in negative geared loss generating real estate market
sometimes I wonder if our luck is running out, I wonder what will happen if we continue to sell our prized assets to say China , once China owns Australia I see our government greatly influenced becoming a puppet and we all will lose our freedom becoming slaves any food produced on Aus land will be exported leaving us at the mercy of our new muster who as we know is not very merciful, so I have to say I am happy the kidman station sale is not going through at least for now we get to keep a large chunk of highly productive Australian land.
Your absolutely right we are still a lucky country and we do have a choice regarding our individual prosperity if we keep it real face the truth about debt our economy, live within our means, stop looking for handouts focus on reducing our debt and generate good stable secure income we should be fine, but if we don't then well.............
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Last
$3.93 |
Change
0.000(0.00%) |
Mkt cap ! $45.40B |
Open | High | Low | Value | Volume |
$3.92 | $3.94 | $3.91 | $47.23M | 12.02M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 224932 | $3.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.94 | 203699 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 214932 | 3.920 |
10 | 443029 | 3.910 |
39 | 290887 | 3.900 |
15 | 158770 | 3.890 |
12 | 259247 | 3.880 |
Price($) | Vol. | No. |
---|---|---|
3.940 | 203699 | 35 |
3.950 | 527950 | 53 |
3.960 | 575803 | 18 |
3.970 | 236684 | 14 |
3.980 | 134146 | 19 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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