The Distillery: Ceiling vent

Jotters are concerned about the shutdown but argue a debt default would be much worse.

The US government shutdown continues with no sign of a resolution, but it is the debt ceiling debate that has most commentators worried. The shutdown itself has no impact on whether the country can raise the debt ceiling, though the stalemate in Congress doesn’t bode well for a resolution before October 17 – and two jotters explain why a further impasse would be disastrous.

Closer to home, and one business scribe delves into murky dealings at Leighton, while another explains why Bunnings’ worth to Wesfarmers remains significant despite the Coles turnaround.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles