as a year 10 failed math student who ended up working for the major banks on over 150K in Melbourne... my back of the envelope math bets your 'averages' say that not all of the population are surgeons earning 1m. To take that a step further, after moving north to a warmer beach in Qld. I can see first hand that it truly is only Melbourne and Sydney with such an enthusiastic growth and that's even watching all the 'asian investors' fly in and out of our port and not buying the local property. . . .
As a trader I am bullish because there are better returns on stocks than term deposits and that will drive up market. . . technically.
Fundamentals and common economic sense says we are in a dangerous position - but that hasn't stopped governments before. . I say 6000 again for a santa rally
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