House debates

Tuesday, 25 May 2010

Questions without Notice

Budget

3:28 pm

Photo of Chris BowenChris Bowen (Prospect, Australian Labor Party, Minister for Financial Services, Superannuation and Corporate Law) Share this | Hansard source

I referred to the various indexes, but this analysis is also borne out if you look at individual share prices. Let us take, for example, for the sake of argument, BHP. Since 30 April, BHP has fallen by 7.24 per cent. In other words, BHP has outperformed the market in the past three weeks. Perhaps that is why so many analysts are recommending a buy on BHP—advice that at least one opposition frontbencher has taken to heart.

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