CBA commonwealth bank of australia.

Liberal Party proposing to trash large ASX companies, page-9

  1. 5,419 Posts.
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    Well yeah but unfortunately it seems to be just another example where they seem more focused on their political games than the actual outcomes.

    We hate unions so better kill off all the whole auto industry because you know (like, unions).
    We wanna give our corporate buddies some $$$ so let's borrow $500B in debt throwing money to companies already raking it in and get nothing in return.
    We wanna show how tough we are against China (despite leasing them the Port of Darwin and inviting them into the Pacific) so let's make some noise and trash our exports
    We hate Industry Super so better stop it investing in ASX listed companies, who cares if it removes a major source of Capital, leads to a shorters' picnic and trashes the share prices of CBA, BHP, RIO and other companies along with our retirement savings.

    I wouldn't mind so much if there were real policies that might actually do some good in there with the point scoring.
    Last edited by optimistus: 14/01/24
 
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