I honestly expect the changes to the sector will be wound back in the next budget. Yeah I know the changes were in MYEFO but the Coalition look like they'll need to fight the election over the contents of the budget... so I can't see there being many cuts in the May budget. The savings associated with the adverse changes in MYEFO may just be removed for the sake of political expediency, which would result in a massive re-rating for CAJ. Of course, I'd expect a second term Liberal government to try and pass similar changes, but that'll be at least a year away.
Or maybe the Coalition will keep the changes in, betting they'll have an easier time negotiating the changes to imaging etc through with a new, possibly very different Senate. Thoughts?
I honestly expect the changes to the sector will be wound back...
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 44059 | 38.0¢ |
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