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Why I’d start preparing for stock market crash part 2 today // Motley Fool Australia

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The world economy’s uncertain outlook could prompt a second stock market crash in 2020. Risks such as political challenges in North America, Brexit and the ongoing coronavirus pandemic may contribute to weaker investor sentiment that sends share prices lower.

Furthermore, market declines have taken place fairly frequently in the past. Therefore, planning ahead for their occurrence could be a prudent strategy.

Through buying the best companies at the lowest prices today, you may be in a strong position to survive a market downturn and prosper from its recovery.

The risk of a second stock market crash

As mentioned, a second stock market crash could realistically occur in the near term. Although many stock prices have rebounded…



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Big change as Kmart introduces a booking system in Melbourne after restrictions lift – NEWS.com.au

Big change as Kmart introduces a booking system in Melbourne after restrictions lift

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If there is one thing Melburnians cant wait to do other than drink beer when restrictions lift its to shop at Kmart. Social media has been dominated by memes showing just how eager shoppers are about the moment they’re finally able to nab all the Kmart items they’ve waited three long months for.
“Thought I was addicted to Kmart but apparently there’s people planning on going to Melbourne Kmart stores when they open at 11.59 tonight,” one woman tweeted.
“To everyone in Melbourne who is rejoicing…

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ASIC says regulator acted with ‘glacial’ speed in response to almost $200k in overpayments – ABC News

The acting chair of ASIC tells Parliament the regulator acted with “glacial” pace when dealing with its inquiry over $200,000 worth overpayments made to two chairmen….

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Karen Chester, the acting chair of the Australian Securities and Investments Commission (ASIC), says it took far too long for the corporate watchdog to respond to the knowledge it had overpaid its boss and deputy nearly $200,000.
Key points:

  • ASIC acting chair Karen Chester says officials discovered the overpayments and brought the matter to the attention of ANAO last year
  • Ms Chester agrees the auditor-general was concerned about ASIC’s “glacial” response to the issue
  • ASIC deputy chair Daniel Crennan…

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Aldi Special Buys brings back popular $99 pre-lit Christmas tree – NEWS.com.au

Aldi Special Buys brings back popular $99 pre-lit Christmas tree

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It might still be too early to put up the Christmas tree but it hasnt stopped Aldi from bringing back one of its most popular festive-themed Special Buys.The discount supermarket chain will again be selling its $99 pre-lit Christmas tree that has consistently sold out in previous years.
At 2.13 metres and with lights already attached it’s a bargain, with mums previously labelling it the “best $100 I’ve spent”.
The tree will hit Aldi stores on November 4 but has already created a buzz on Facebook…

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