Comments on: Australia’s Current Account Deficit Up 4% http://www.dailyreckoning.com.au/australias-current-account/2008/06/04/ An independent perspective on the Australian and global investment markets Sun, 08 Nov 2009 03:43:55 -0600 http://wordpress.org/?v=2.8 hourly 1 By: T Johnston http://www.dailyreckoning.com.au/australias-current-account/2008/06/04/comment-page-1/#comment-103064 T Johnston Tue, 29 Sep 2009 04:49:28 +0000 http://www.dailyreckoning.com.au/?p=2807#comment-103064 If naybody is looking at food commodities for impacting Australia's Balance of Trade then they should look long term negative as the Australian Govt have created the mess os AQIS inspections not happening, delayed beyond reason and if teh efficiency of the docks required Govt intervention to make teh country competative what does on do for this problem. Foreign Govts ar ebeing forced to buy elsewhere as they cannot get what we have produced but cannot supply for want of AQIS service if not efficiency. If naybody is looking at food commodities for impacting Australia's Balance of Trade then they should look long term negative as the Australian Govt have created the mess os AQIS inspections not happening, delayed beyond reason and if teh efficiency of the docks required Govt intervention to make teh country competative what does on do for this problem. Foreign Govts ar ebeing forced to buy elsewhere as they cannot get what we have produced but cannot supply for want of AQIS service if not efficiency.

]]> By: Coffee Addict http://www.dailyreckoning.com.au/australias-current-account/2008/06/04/comment-page-1/#comment-26737 Coffee Addict Tue, 17 Jun 2008 00:46:13 +0000 http://www.dailyreckoning.com.au/?p=2807#comment-26737 Is Babcock and Brown a buy? My thinking is that it is - but i won't be sending all my life savings in that direction. Why? Because it would not be in the interests of the majoor banks to let B&B go down completely AND they continue to earn healthy fees from managing the infrastructure assets. What they lack is the capacity to get cheap credit. The asset sales can buy some time -- but how much? B&B will, inevitably be swallowed by a major bank (such as the Commonwealth) that does have a good line of credit. On this hypothetical line of thinking it would be something of a fire sale (at say $9 per share) but this is still an increase over the curren price. Is Babcock and Brown a buy? My thinking is that it is - but i won't be sending all my life savings in that direction. Why? Because it would not be in the interests of the majoor banks to let B&B go down completely AND they continue to earn healthy fees from managing the infrastructure assets. What they lack is the capacity to get cheap credit. The asset sales can buy some time -- but how much? B&B will, inevitably be swallowed by a major bank (such as the Commonwealth) that does have a good line of credit.

On this hypothetical line of thinking it would be something of a fire sale (at say $9 per share) but this is still an increase over the curren price.

]]> By: William Stewart http://www.dailyreckoning.com.au/australias-current-account/2008/06/04/comment-page-1/#comment-26520 William Stewart Sat, 14 Jun 2008 13:20:17 +0000 http://www.dailyreckoning.com.au/?p=2807#comment-26520 This is the only news outlet that I've seen that could talk sensibly on the Australian economy. Please give a view as to what's happening. Interest rates up. Inflation up. Exporting commodities to China up. Unemployment low. Is this place a paradise? This is the only news outlet that I've seen that could talk sensibly on the Australian economy. Please give a view as to what's happening. Interest rates up. Inflation up. Exporting commodities to China up. Unemployment low. Is this place a paradise?

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