Well there is certainly some talk but not sure being 6 months off it will have too much effect just yet.
Shorters were in control of caj on Friday imo.
http://www.skynews.com.au/news/poli.../lambie-lashes-out-against-medicare-cuts.html
http://www.theguardian.com/australi...ns-will-cost-cancer-patients-say-radiologists
Imo, the drop to date has simply been because of increased debt used to make further investments in NSW so fair enough but should be a long term benefit. The latest drop was because of the government announcement to cut rebates. Ok I guess but doesn't affect the bottom line too much for the next 6 months.
So, oversold imo and once the shorters let go of caj we'll see 26's to 30's shortly thereafter.
All imo and dyor.
Senate to block the medicare cuts, page-6
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