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ASX to rise as NSW government dishes out $100 vouchers

Anastasia Santoreneos
·3-min read
Girl finishes breakfast in a retro cafe in Paris and pays for lunch by credit card.
ASX to rise as NSW government dishes out $100 food, entertainment vouchers. Source: Getty

Good morning.

Here’s Yahoo Finance’s Tuesday morning wrap.

The ASX is expected to rise at the open, following a positive lead from Wall Street overnight.

The local stock exchange was open for just half an hour on Monday before closing for the rest of the session due to a software issue, marking its longest shutdown in more than a decade.

The tech provider behind the ASX has identified the issue and rectified it, with the market set to open at 10:00am AEDT on Tuesday.

In the US, Wall Street’s main indexes rose off the back of Moderna’s positive results from its Covid-19 vaccine trial.

The Dow Jones rose 1.45 per cent to 29,906.14 points, the S&P 500 finished 1.06 per cent higher to 3,623.20 points, and the Nasdaq closed up 0.73 per cent to 11,915.62 points.

Get out and about: The NSW government is giving over-18s a $100 reason to go out and spend cash.

As part of the state’s Budget, to be announced on Tuesday, every adult in NSW will receive a $100 ‘out and about’ voucher to spend on dining and entertainment.

Here’s where you can spend the vouchers, and how you’ll receive them.

‘Good news on health’ will be the main driver behind a rapid economic rebound, Reserve Bank governor Philip Lowe told the Committee for Economic Development of Australia annual dinner on Monday.

He also flagged low interest rates are here to stay.

Iso: You may not have said it before 2020, but ‘iso’ is undeniably part of your vocabulary these days.

In fact, ‘iso’ is so embedded into our sentences, that the Australian National Dictionary Centre has deemed it Australia’s Word of the Year.

Iso agree (pun intended).

Coin change: Australians have long been able to attend the Royal Mint’s Last and First Coins of the Year annual events, held on New Year’s Eve and New Year’s Day respectively.

Here, a lucky few have been chosen to press the last and first coins of each year, with just 10 winners chosen for the last coins and 100 chosen for the first via a raffle system.

However, due to Covid-19 restrictions, there’s been a major change to this longstanding tradition.

Job-hunting is tough. There’s no doubt about that. But while a positive outlook is the last thing you think you can manage when you become unemployed, it could be the key to getting you through it.

Here are five tips to staying positive throughout your job search.

Warren Buffett’s $13 billion move: When the world’s best investor, Warren Buffett, speaks, investors across the globe listen.

So when Buffett buys US$9.3 billion (AU$12.76 billion) worth of his own Berkshire Hathaway stock, ears pricked up worldwide.

Here’s why the world’s best investor engaged in a historic buy back of his own company’s shares.

Money mistake costing 3.4 million Aussies: More than one-in-five Australians have been forced to skip meals, bills and mortgage repayments as a result of overspending on buy now, pay later platforms, ASIC data reveals.

Here’s what the corporate watchdog found, and what needs to be done.

Have a great day.

Want to make next year your best year yet? Join us for an Hour of Power at 10am AEDT Tuesday 24 November to discover 21 ways to make your money work for you in 2021. Registrations are now open.