Wry & Dry #33: Number numbness. Trumpster – another first. Hurt feelings.

Well, it didn’t take too long for number numbness to set in. It was at 7.36pm. At that point, on Tuesday’s alternative-to-sorting-out-the-sock-drawer, Treasurer Grim Chalmers tossed his first use of ‘billion dollars’ into what was a Thermomix of a budget speech. As best man Tom said of his speech at the second of four weddings that were made into a movie, “there’s a little in it for everyone.”

Banks and Budgets

A busy week in financial markets given the conclusion of the Australian Bank 1H23 profit reporting cycle and the announcement of the Federal Budget. Our discussion will focus on each in turn.