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ASX to fall as police appeal for help over $1 million silver heist

Eliza Bavin
·Personal Finance Editor
·2-min read
A police car and silver bullion bars.
The local market is expected to tumble as $1 million worth of silver bars were stolen. (Source: Getty)

Good morning.

ASX: The local market is expected to fall out of the gates today after a sell-off in the United States.

This comes after investors found few gifts on the Australian market yesterday as the prospect of reintroducing virus restrictions weighed on energy and bank shares.

Wall St: US stocks fell overnight as investors considered renewed virus-related restrictions overseas and prospects that a significant social policy bill may be ditched.

BTC: Bitcoin remained relatively flat again overnight as investors turned away from riskier assets.

Meanwhile, have you heard of a DAO? It’s a decentralised autonomous organisation and they’re taking the crypto space by storm. Check out the video below to learn more.

Silver heist: Silver bars worth more than $1 million have been stolen from a truck travelling between Sydney and Melbourne.

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The truck was carrying 192 individual 5kg silver bars worth $1,015,000.

NSW police are appealing for help in solving the theft that was only discovered when the truck arrived in Melbourne.

6 words: That’s all it took for Defence Minister Peter Dutton to sue for defamation.

The author of the tweet lodged an appeal after a court ordered him to pay $35,000 in damages and some of Dutton's legal costs.

Shane Bazzi took to Twitter in February to label the Defence Minister "a rape apologist".

Emergency meeting: The Prime Minister will host state and territory leaders for an emergency national cabinet meeting amid rising COVID-19 cases across the country.

Scott Morrison will convene a virtual national cabinet from Canberra on Wednesday for an update on the Omicron variant as cases mount in NSW and Victoria.

Icebreaker: The maiden Antarctic voyage of Australia's new $529 million icebreaker has been delayed due to issues with the ship's alarm and monitoring system.

The RSV Nuyina, which was officially launched at the Hobart waterfront on Saturday, was scheduled to head south on Monday night.

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