Majick Trader

Sydney is not Australia. #Macro, #Rates. My tweets are not credit advice. If you can’t be intelligent at least be witty.

[Majick Trader @MajickTrading]

What $AU14 million worth of gold looks like ⁦@perthmint⁩

[Majick Trader @MajickTrading]

CBA are the the first to pass on the full rate cut.

[Majick Trader @MajickTrading]

@TMFScottP If you go to the Gattan report, it’s state planning which is at heart of lack of housing supply. Feds don’t control that, so we get rubbish policy instead of fixing real issue.

[Majick Trader @MajickTrading]

@timbogong @AvidCommentator USA, Canada, NZ for starters.

[Majick Trader @MajickTrading]

@MisbehavingE @cjoye But banks treat it as if it’s a personal loan, when applying for a home loan.

[Majick Trader @MajickTrading]

@Totally4yeah @JEChalmers Good points but the liberal party is just as bad. Dutton going all populist. We’re just stuffed as a country.

[Majick Trader @MajickTrading]

@Andrew_Godman @AvidCommentator You don’t have to apply for it and it doesn’t have a fixed term like temp Visa. If you a buy a property, you don’t need FIRB approval like temp visa holders do.

[Majick Trader @MajickTrading]

@samstrades Agree his priorities are flabbergasting. Do this stuff in good times. But the other choice is just as dumb…..

[Majick Trader @MajickTrading]

@Andrew_Godman @AvidCommentator A 444 gives you ongoing special residency status. As opposed to a temporary VISA which allows you into Australia for a fixed term. I am not sure if it would apply to buyers living overseas or foreign nationals living in here Australia.

[Majick Trader @MajickTrading]

@sprint_quick @AvidCommentator Just copy catting populism

[Majick Trader @MajickTrading]

@AvidCommentator Can’t read the article but did they mention Aussie firms look down on overseas skills?

[Majick Trader @MajickTrading]

@Zhoozhie @PeterSchiff That crap fuels USA GDP.

[Majick Trader @MajickTrading]

@TMFScottP No matter how bad Albo is, I can’t bring myself to vote for a person who doesn’t support women and is also anti New Zealanders. (Double whammy) This copy cat populist rhetoric just shows how poor a leader he is.

[Majick Trader @MajickTrading]

@AvidCommentator Tbh unless there’s a meaningful alternative might as well stick with the cheesy flag waving and hollow ceremonies.

[Majick Trader @MajickTrading]

Biggest broken promise from Labor, from a finance broker's perspective: failing to legislate BNPL under NCCP. Clients relying on easy credit to stay afloat, and wasted hours trying to get documentation on credit products which don't comply. #BNPL #FinanceRegulation

[Majick Trader @MajickTrading]

@AvidCommentator I think the fundamental reason to cut is the lag effect. I’m pretty sure one cut won’t change Labour’s fortunes.

[Majick Trader @MajickTrading]

Bank CEO declining his bonus... https://t.co/kTTrZyw0ED

[Majick Trader @MajickTrading]

@signifer111 @matt_barrie I was referring to the solution, not a bigger problem.

[Majick Trader @MajickTrading]

@matt_barrie The issues are both federal and state govt. WA's domestic gas policy has largely sheltered us from expensive power costs. - Why didn't that happen over East?

[Majick Trader @MajickTrading]

@matt_barrie Its amazing... I was waiting for a bigger ending though.

[Majick Trader @MajickTrading]

@JFosterFM More depressing economic news