Buckle up! It’s a big one from Alan Kohler this week, starting with pointing out something that isn’t being paid enough attention in the Brexit alarm and confusion: the FTSE and the pound are rising. Alan explains!
Alan also tries to talk off the ledge those who are thinking of jumping ahead of the ALP’s ban on dividend franking cash refunds.
Plus: a tale about a couple of fascinating IPOs that went in quite different directions (one up, one down); a meditation on the future of plastics, especially after China’s decision to stop importing plastic waste; a discussion of CBA’s decision not to sell its wealth management and mortgage broking businesses for the time being; an investigation into what the Senate report on franchising means for investors; PLUS an update on the global economy.