ASX: The local market is expected to open lower this morning after Wall Street fell again on Friday.
This comes as uncertainty around the Omicron variant continues to spook investors.
Wall St: Wall Street's major indexes closed lower on Friday, with the Nasdaq leading the declines.
There are a number of reasons for the sell-off - watch the video below to find out more.
Australia dropped 1.6 points from last year to have 30.8 points overall out of 100 but held its rankings across all eight measures of power in 2021.
It is classed as a "middle power", along with 15 other countries behind top ranked "super powers" United States (82.2pts) and China (74.6pts).
Based on the site's tens of thousands of inquiries each month, Melbourne saw net annual migration fall 54 per cent and Sydney saw migration fall 64 per cent.
CoreLogic figures for the first week of December show 4,136 homes went under the hammer - the second-busiest week since it began tracking the market in 2008.
The funding package will secure support for frontline workers and is also part of a record infrastructure investment for the sector in the bush, Premier Dominic Perrottet said.