A secret 'spill' ballot is likely on coming Tuesday - this raises issues on the continuance of Prime Minister Abbott. Abbott, under fire for economic management failures, (among others) has to stand up to an internal party rebellion.There is a race for leadership...
With economic forecast of a slowdown and the rate cut by the Reserve Bank of Australia indicating worries over a slow/ slowing economy ; this leadership challenge will put the Australian dollar under further pressure at least until early next week.
Indian miner entrepreneurs like Adani may also be under pressure.
Oh Chinese, oh Chinese, thou little knowest the damage that thou hast done to Australia.
Views expressed without any risk or responsibility.
With economic forecast of a slowdown and the rate cut by the Reserve Bank of Australia indicating worries over a slow/ slowing economy ; this leadership challenge will put the Australian dollar under further pressure at least until early next week.
Indian miner entrepreneurs like Adani may also be under pressure.
Oh Chinese, oh Chinese, thou little knowest the damage that thou hast done to Australia.
Views expressed without any risk or responsibility.
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