Am I a cheerleader for banks? My oath I am because I live by the rational view that banks are a useful fact of life. And that’s a balanced point of view.
Since the start of October, Westpac had rallied almost 17% making it the best performing major bank over this period. So on the basis of the old axiom “buy the rumour, sell the fact”, it was no surprise to see it fall today by around 3% when it delivered an “as expected” full year financial result.
With the increasing sophistication of clinical trials, the medical world and the better educated general public with easy access to Dr Google is becoming more aware of the potential complications and long-term side effects of chronic pharmaceutical therapy.
The Albanese government will enjoy a second general election win in May next year. Dutton can afford to lose this election, but he can’t afford to lose again in May 2028. And here’s why I say this.
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