equities are not much better,, if you look at the day-traders & ShortTerm trade forum - both are low in no. of post/posters from the peak in 2016/17. There is no HOT sector now - it used to be either Uranium, Lithium or some rare earths sector taking turns - then BioTech or Tech sector. Even the old horse - Finance has been hit from the recent RCI. And Retail sector has been on a steady decline coupled with scandals from either dodgy franchising deals with recent immigrant-investors-franchisees or large Corp. losing billion divesting overseas. e.g. Hardware
Wage growth ..? is an oxymoron with overseas workers earning $10/hr & locals faring not much better on $20 and the RBA is wondering why there is no INFLATION. With plenty of people paying mortgages of $500K-$1M.. where's the money to spend on extras?
https://thenewdaily.com.au/news/national/2017/04/10/the-experts-agree-turnbulls-nbn-is-a-national-tragedy/
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