other reasons :
AU is in recession
au has no manufacturing
au has high debt ratio
stimulus response is not positive.
banks have dropped in price.
carry trade reversal
debt futures point to recession lasting at least 1.5 years
AU is in recession
au has no manufacturing
au has high debt ratio
stimulus response is not positive.
banks have dropped in price.
carry trade reversal
debt futures point to recession lasting at least 1.5 years