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First day back in the office this year. Good to be back with the Team. Everything seemingly very normal. The cyclists on Beach Road have blossomed in COVID it seems, less commuters, less cars,  an altogether more pleasant world. We are seeing a potential new office in Bayside Melbourne today, we will have COVID to thank for that as well.

Another good day on the market - the quiet bull market continues - up another 40 points on top of yesterday's 80 points. Resources the subject of interest today, see the Strategy piece for an interesting comment from Macquarie that their BHP forecast would be 125% higher if they used spot prices for 2023. Its a repeat of the resources boom of 2005. We're also hoping against hope that the Healthcare sector bottoms one day soon, we need the A$ to peak  - some signs it might happen.