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ASX to rise; 'Staggering' JobKeeper crisis looms

ASX to rise; PM says economy in 'intensive care'. Source: Getty
ASX to rise; PM says economy in 'intensive care'. Source: Getty

Good morning.

Here’s Yahoo Finance’s Tuesday morning wrap.

The ASX is expected to rise as business confidence improved in Europe and restrictions are eased in Japan and Spain.

In the US, markets were closed for Memorial Day holiday.

Prime Minister Scott Morrison is expected to address the nation today, to say Australia must get out of “intensive care”.

"You’ve got to get it off the medication before it becomes too accustomed to it,” the PM is expected to say on Tuesday afternoon.

The PM will also unveil the coalition's reform plans on training and industrial relations, in a bid to address Australia’s flawed skills and training system.

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The work-from-home dream: Two-in-three Australians expect to be working from home more often after the coronavirus pandemic, and four-in-five people also feel more positive about their work/life balance after working from home, a new study revealed.

Heading for a cliff: The JobKeeper wage subsidy has been a significant aid to Aussies at risk of losing their jobs due to the pandemic, but when it ends, we’re in for a big shock, writes Dave Taylor.

Women lead: Financial equality between the genders still has a way to go, and while it might feel as if we’re continuously drawing the short straw financially, there are areas where women are excelling.

3 LinkedIn courses: The global pandemic has seen a surge in online learning as people search for ways to up-skill and stay competitive in the job market once the crisis passes. Here are the three courses everyone is looking at.

Bushfire blunder: The Supreme Court of NSW has ruled on Monday that the NSW Rural Fire Service cannot divide the $52 million in donations it received from Celeste Barber’s Facebook fundraiser in January.

Have a great day.

Yahoo Finance Breakfast Club Episode 5. Source: Supplied
Yahoo Finance Breakfast Club Episode 5. Source: Supplied

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