Michael Thompson
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Appearances Over Time
Podcast Appearances
And the Aussie dollar is back down to around 70 US cents after a stronger than expected report on the US jobs market suggested that interest rates in the world's largest economy are probably on hold, may have to rise.
That encourages investors in the short term, at least, to buy US dollars.
Sean, before we go to the break, a very quick shout out to the Mumbrella Finance Marketing Summit that's happening later in the year.
The finance sector, I think it is fair to say, is reasonably cluttered and in parts commoditized.
So how do you cut through all of that?
Everything, all of that, I know this is a big promise, but everything will be revealed at the Mumbrella Finance Marketing Summit.
It's just anything like that.
We don't mind.
And if you didn't write all those details down, I'll pop them in the show notes as well, including the link and the code that you need to pop in just so it's nice and easy.
All right, quick break.
Back in a moment with the rest of the day's business news.
Sean, motorists might be facing a sharp jump in petrol prices at the end of the month because the federal government has yet to sign off on an extension to the halving of the fuel excise.
Transport Minister Catherine King said at this point, the 32 cent a litre excise and GST relief will expire on June 30th.
It's not looking great for an extension.
Just jumping back about 30 seconds to where you suggested that you don't believe...
The cuts to the fuel excise should be extended.
You didn't recently buy an EV, did you, by any chance, Sean?
All right.
Move along.
Move along.