ASX: The local market is expected to open flat today as Wall Street stumbles past the finish line. Eyes on mining stocks after iron ore rose again overnight.
Wall Street: , with tech stocks lagging on the S&P 500 and the Nasdaq, as investors balanced concerns about inflation and the Federal Reserve limiting stimulus measures with relief from corporate tax hikes.
The Dow Jones lost 23.34 points, or 0.07%, to 34,577.04, the S&P 500 lost 15.27 points, or 0.36%, to 4,192.85, and the Nasdaq lost 141 , 82 points, or 1.03%, to 13,614.51.
Payment of $ 500: Victorian workers affected by the COVID instant lockdown will be eligible following significant lobbying by the state government.
Treasurer Josh Frydenberg and Prime Minister Scott Morrison announced the program Thursday afternoon, describing the support as temporary payments in the event of a COVID disaster.
Tweeter tweeter: Twitter is rolling out a allowing them to cancel tweets for a price. The social media giant has launched a subscription service that will provide access to a number of features, including the ability to “cancel” tweets.
China Trade Wars: A Chinese state news agency said the country would take care of everything according to World Trade Organization standards.
Last week, the WTO agreed to establish a dispute settlement panel to resolve the barley dispute between China and Australia, according to a trade source attending the meeting.
” On every street corner ” : Want a Maccas on your street? Well one can be coming soon whether you like it or not. McDonald’s Australia CEO Andrew Gregory said the fast food giant was, at least for the next few years.
$ 34 billion: This is the extra amount the taxpayer has had to fund for government infrastructure megaprojects that go over budget.
In fact, research shows that government forecasts for the cost of massive infrastructure projects are often extremely out of step with the end price, often the cost.