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Daniel Andrews’ plan for indefinite detention – and more

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The Victorian Labor government has introduced a bill to parliament that coupled with other measures is one of the most egregious attacks on civil liberties seen in war or peacetime. 

The Bill would allow people to be detained indefinitely and give sweeping powers to untrained people to become “authorised officers” with sweeping powers to arrest and detain fellow Victorians.  

Called the COVID-19 Omnibus (Emergency Measures) Amendment Bill, it overrides all other laws and legislation with the exception of the Charter of Human Rights (which the government ignores as it is not binding), the State Constitution Act 1975 and the laws created by the Bill itself.  

The Bill confers and extraordinary power to the Secretary of…



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Shriro (ASX:SHM) share price pops by 5.7% on update // Motley Fool Australia

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The Shriro Holdings Ltd (ASX: SHM) share price is up today after the company reported a 14% sales growth compared to the previous corresponding period. This was driven by the strong demand for household related goods including appliances, BBQs and musical instruments.

The Shriro share price is up by 13.7% in year to date trading despite falling about 44% during COVID-19 lockdowns.

At the time of writing, the Shriro share price was trading up 3.85% at 8.1 cents after an early high of 8.3 cents. Let’s take a look at today’s update.

What’s behind the Shriro share price momentum?

The company distributes and manufactures home appliances, and distributes consumer electronics, in Australia and New Zealand. Today’s announcement…



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3 FAANG stocks to buy right now // Motley Fool Australia

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Investing in 2020 hasn’t been easy. The uncertainty created by the coronavirus pandemic ushered in a steep bear market decline during the first quarter, which was followed by a ferocious snap-back rally that took the S&P 500 Index (INDEXSP: .INX) to new highs.

Yet, while most investors and equities were suffering from volatility-induced whiplash, the FAANG stocks have been kicking butt and taking names.

These industry leaders have been unstoppable for some time

By FAANG, I’m referring to:


On a year-to-date basis, the benchmark S&P 500 is up 6%, through to 21 October. By comparison, Facebook, Amazon, Apple, Netflix,…



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Leading brokers name 3 ASX shares to buy today 26 October 2020 // Motley Fool Australia

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With so many shares to choose from on the ASX, it can be hard to decide which ones to buy.

The good news is that brokers across the country are doing a lot of the hard work for you.

Three top shares that leading brokers have named as buys this week are listed below. Here’s why they are bullish on them:

National Australia Bank Ltd (ASX: NAB)

According to a note out of UBS, its analysts have retained their buy rating and $20.50 price target on this banking giant’s shares following its provisions update. UBS remains positive despite NAB revealing that its second half result will be reduced by a net increase in provisions and impairments of $642 million. It likes the bank due to its experienced management team and strong balance…



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