1. Most Discussed
  2. Gainers & Losers

Labor-Greens already wrecking QLD economy

  1. Fat Bloater

    11,846 Posts.

    "Investors are demanding higher returns for the added risk in owning Queensland government debt in light of the weekend election win, with the new Labor government set to scrap plans to sell around $37 billion worth of assets and credit agencies ready to revise their ratings.
    The spread or the difference between the yields on 10 year Queensland state government bonds and 10 year Commonwealth government bonds has widened to 48 basis points, from 35 on Friday, as the market factors in a greater level of risk given increased uncertainty over the state's financial position.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.