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Australian election update

By   || September 1, 2010 at 23:10 GMT
|| 11 comments || Add comment

The news is that there is no news. We’re still stuck in the horse-trading pen and it looks unlikely that we’ll have any result this week.

The independents had asked both parties to present their policy costings to the Australian Treasury for assessment. The Liberal opposition initially refused and now we know why. Treasury found an AUD$7 billion gap in their costing estimates. Ah politicians, at least you know where you stand with them.

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Category: All, Asia
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11 Responses to “Australian election update”

  1. lilac on September 1st, 2010 23:17 GMT

    Indeed you do, Sean – with your back to the wall ;)

  2. Hart on September 1st, 2010 23:39 GMT

    Dark chocco it is Lil! I’ll be in Maui next month. It’s the west coast Florida thing, and it’s my turn. That’s why I asked. The family holiday thing. I’ll send some boxes to Jamie in Boston(I think he said he’s there) or direct. See you in London! Smiles!

  3. lilac on September 1st, 2010 23:51 GMT

    Oh gosh – see how the written words can be misunderstood.
    White chocolate is scrummy! It’s very kind of you Hart – but do please enjoy them with your family! I’m gonna give it a go here next time I remember to buy some big nuts, which probably won’t take much prodding :)

  4. Hart on September 1st, 2010 23:58 GMT

    Lil It’s my turn to take my Family. Not my family! Besides I respect you too much! (and I love ya tips) No how or way I would damage that respect! You blushing? Good idea on the Small long eur/jpy. One heck of a long line though.

  5. Hart on September 2nd, 2010 00:08 GMT

    Although I have a Brother that’s 2 years younger that needs some wise ass classes.

  6. aziz on September 2nd, 2010 00:19 GMT

    Hart,
    Haven’t you gotten you ass burnt going loss usdjpy yet?

  7. aziz on September 2nd, 2010 00:20 GMT

    whoops, I meant going long usdjpy

  8. Hart on September 2nd, 2010 00:30 GMT

    Azis 2 days ago I clearly stated on this website, My intentions to go long USD/JPY @ 84.25. I then retracted that trade directly to Sean(MR. Lee) during the Asian session, and confirmed my EUR/JPY trade long! I stand firm with my choice to short EUR/JPY in the 109.25-.60 range. I would respectfully like to add that I personally see a topping area In aud/usd at or around 9255. Additionally I would like to aud/jpy has a cap S/T @ 78. Thanks Respectfully for your Forum. (Aziz)

  9. aziz on September 2nd, 2010 00:39 GMT

    Oh, I thought you were long 2 days ago. clearly, USDJPY should get support from USDCHF. However, the one thing I am not comfortable with yet is how far down are we going to go in USDCHF.

  10. aziz on September 2nd, 2010 00:43 GMT

    Hart,
    By the way, USDJPY got lucky today and was propped up by usdchf. USDJPY gets knocked down whenever USDCHF sells off.

  11. ForexLive Asian Session Wrap – Early Asia followed the US lead into positive territory only to fizzle in a lethargic market | ForexLive on September 2nd, 2010 04:19 GMT

    [...] Australian Coalition clouds it’s chances in the election race with a A$ 7-9bn financing ‘black-hole’ [...]

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