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ASX to rise amid Govt’s ‘very strange’ behaviour

Lucy Dean
·2-min read
CANBERRA, AUSTRALIA - SEPTEMBER 09: Senator Michaelia Cash and other Liberal Senators vote against an National Integrity Commission Bill 2018 (No. 2) - division on second reading in the Senate at Parliament House on September 09, 2019 in Canberra, Australia. Prime Minister Scott Morrison is proposed reforms to social welfare, including expanding the cashless welfare card system and drug testing recipients. (Photo by Tracey Nearmy/Getty Images)
Senator Michaelia Cash and other Liberal Senators at Parliament House. (Photo by Tracey Nearmy/Getty Images)

Good morning.

Here’s Yahoo Finance’s morning wrap for Friday.

ASX: The ASX is expected to lift at the open on Friday after a strong lead from Wall Street overnight.

The S&P/ASX200 benchmark index finished Thursday down 0.2 points, or 0 per cent.

The All Ordinaries closed higher by 5.7 points, or 0.08 per cent, at 6952.9.

The Bitcoin price is also nearing a record high, now trading at $US57,729, only slightly below its $US58,335 record.

Wall Street: The US share market lifted on Thursday local time amid a bigger than expected fall in weekly jobless claims, and easing inflation concerns.

The Dow Jones Industrial Average rose 188.57 points, or 0.58 per cent, to 32,485.59, the S&P 500 gained 40.53 points, or 1.04 per cent, to 3,939.34 and the Nasdaq Composite added 329.84 points, or 2.52 per cent, to 13,398.67.

Global stocks: World stocks have hit their highest in more than a week after a report on US consumer prices dampened fears about inflation. Here’s the full global rundown.

$200: The Victorian state government is rolling out $200 travel vouchers at 10am this morning. Here’s how to get your hands on one.

Flight plan slammed: The Government’s 800,000 half-price flight plan has been welcomed by some, but not by others. The Labor Party is claiming Prime Minister Scott Morrison has chosen marginal seats as the regional destinations.

Unions: The Australian Council of Trade Unions says it worries it has been cut out of the loop on major workplace changes the Government is looking to push through. ACTU Secretary Sally McManus said the union had asked acting industrial relations minister Michaelia Cash for a meeting but hasn’t heard back.

“Whether that means they're no longer wanting to talk to the ACTU which would be very strange, and I hope that's not the case," she told the ABC.

$1.3 million suburbs: Remember when $1 million seemed a lot? Those days could be long gone as skyrocketing property prices are expected to tip many Aussie suburbs into the multi-million dollar sphere this year. Here are the suburbs set to join the $3 million dollar club.

Interview questions: Going for a new job is hard, and interviews can be scary. Here’s how to prepare for four of the toughest interview questions so you can smash it out of the park.

Have a great day.

With AAP.

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Image: Yahoo Finance
Image: Yahoo Finance