Dear %%first_name%%,
So the king is not dead- but what is definitely not dead will be ongoing leadership speculation. A 39 vote against is not good for Tony, even though he still got the win. All this instability is having an impact on the economy but hopefully the market will turn its attention to at least three biggies reporting this week.
James Dunn has the forecasts for Rio, Telstra and CBA, which will all announce results this week and Paul Rickard goes through the details on the latest ANZ Capital Note. We’ve had a lot of questions on these capital notes lately so make sure you read his verdict today.
Also in the Switzer Super Report today, in Buy, Sell, Hold – what the brokers say, Rudi Filapek-Vandyck reports on more downgrades than updates (Macquarie is one of the lucky few that was upgraded).
In Shortlisted we look at the best deposit rates and our weekly property report shows that buyers are returning to the market.
Sincerely,
Peter Switzer