Alan Kohler's Eureka Report still cautions against ABS - broker re-ratings seem problematic but difficult to see how the budget's increased childcare limit & rebate up from 30% to 50% will not be a big plus for ABS. Given ABS' position in the market it's difficult to see a major competitor pushing them aside => something of a gravy train once interest rates & attacking bear threats subside.
4YIO - not financial advice
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