While government withdraws proposed $9 billion tax and prepared to give away another $60 billion in company taxes, with the highest debt/income ratio per capita and unprecedented high property prices.
A$ more likely to fall further as RBA not game to raise interest rates(after creating their own Catch 22) for fear of collapsing the entire economy with all of that debt. Happy to be in gold.
While government withdraws proposed $9 billion tax and prepared...
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