Wry & Dry #30 FY-24 AUKUS. Sleepy Joe goes all in. Feeding the chooks.

The sound of the unwrapping of the French-equivalent-of-Ikea packaging in Adelaide should have commenced this year.

And Croesus Turnbull probably would have been there. With a bottle of cheap French champagne on hand, he would have turned the first Allen key to piece together the first of the French- designed submarines for the Royal Australian Navy.

Profit Reporting Season – Sandfire, Perpetual and Judo Bank

This week’s Investment Matters will continue to focus on the recent reporting season.

While the dull shine of copper comes in focus, we shed little light on BHP. Similarly, our focus this week on financial services dives deeper than the four major banks.