ASX: The local market is expected to fall this morning as fears of a recession grow in the United States.
This comes after the on Friday after a week of losses.
Wall Street: It was a as the Federal Reserve renewed its commitment to do whatever it takes to bring down inflation, even if it means pain in the economy.
Budget: The final for the last financial year is expected to come in better than expected, when the numbers are reported this week.
Despite taking a hit during the coronavirus pandemic, the Labor government said the budget deficit for 2021/22 could be $50 billion healthier.
Cashless card: The Government is attempting to for more than 17,000 welfare recipients in remote communities.
The cards can carry up to 80 per cent of welfare payments - money that can't be withdrawn in cash or spent on gambling or alcohol.
Childcare: All Indigenous children will be eligible for 36 hours of a fortnight under new Government reforms.
The Albanese Government will this week introduce the measure to boost the number of Indigenous children in child care by upping subsidised care from 24 hours a fortnight.
Melisasa Cadick mystery: The inquest into the is due to resume with evidence from an investigator who helped uncover her million-dollar fraud.
Isabella Allen from the Australian Securities and Investments Commission led the formal investigation into Caddick's Ponzi scheme operated under her fake company Maliver.
Anti-corruption: Crossbench members have pledged not to stand in the way of , but have warned the Government they will not rubber stamp their bill.
Market woes: With global stock markets in meltdown mode, it’s natural to look back at other times of financial woe: The Great Recession of 2008-2009. The bursting tech bubble in 2000. The crash of 1987, never mind 1929 — and all manner of in between.
For most Australians, a job that pays $300,000 a year would be a dream come true, but a mining company in West Australia is now advertising in New Zealand to recruit much needed workers because they can't find enough Aussies willing to do the jobs.
Downer EDI says it has uncovered up to $40 million in "accounting irregularities" related to an Australian maintenance contract.A detailed investigation is ongoing and is being treated with the highest priority, the engineering and construction company told the ASX on Thursday.
The S&P; 500 has gained ground, lifted by technology and energy shares, while a rise in weekly jobless claims suggests the labour market is slowing down.Wall Street's main indexes have come under pressure in recent days, with the benchmark index shedding 3.