Additional tax cut (19 to 16%) under 45k from July 1 will help a big chunk of M3 borrower demographic.
Most likely be other goodies in the upcoming budget for lower income people.
Unemployment is still quite low.
Taken together I'm hopeful bad debts will be manageable even if unemployment begins to rise a bit.
Market priced for a couple of rate cuts back end of the year, equals H2 FY25 tailwind from lower rates.
Additional tax cut (19 to 16%) under 45k from July 1 will help a...
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Last
$1.60 |
Change
-0.040(2.44%) |
Mkt cap ! $315.2M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.66 | $1.58 | $404.0K | 251.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1884 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 10 | 1 |
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| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| SVR (ASX) Chart |