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ASX to lift as waiters, nurses receive $1k warning

Lucy Dean
·2-min read
Waitress working at a cafe wearing a facemask while washing the dishes during the COVID-19 pandemic
Image: Getty

Good morning.

Here’s Yahoo Finance’s Thursday morning wrap.

ASX: The ASX is expected to open higher on Thursday after an optimistic lead from Wall Street overnight.

The ASX finished higher on Wednesday after a mid-session lift reversed earlier losses.

Wall Street: Investors in the US paid close attention to Washington on Wednesday as the House of Representatives gathered to debate impeaching President Donald Trump.

The Dow Jones Industrial Average fell 0.026 per cent, to 31,060.47, the S&P 500 gained 0.23 per cent, to 3,809.84 and the Nasdaq Composite gained 0.43 per cent, to 13,128.95.

$150 boost: Thousands of Northern Territory families are eligible for $150 boosts this back-to-school season. Here’s how to claim yours.

Jobless rate: Australia’s unemployment rate is tipped to fall as businesses begin taking on more staff. However, there are ongoing concerns that snap border closures and lockdowns will be a major hurdle in the future. Here’s the story.

$1,000 pay cut: Modelling shows waiters, cleaners and nurses are among those who would see their pay drop by $1,000 due to potential public holiday penalty rate cuts.

Tech skills: Looking for a career change? Here are six of the tech skills that are growing in demand quickly.

Work perk: Office lunches, Friday drinks and casual Fridays aren’t really work perks anymore as many work from home. So what does the work perk of the future look like?

Vatican transfers: Australia’s financial watchdog has been forced to correct the amount of money it claims had been sent from the Vatican to Australia, taking it down from $2.3 billion to $9.5 million. AUSTRAC has been investigating the transfers over money laundering concerns.

End of stimulus: The JobKeeper and JobSeeker subsidies are winding down amid new figures showing households and businesses have collected more than $200 billion in savings over 2020, despite the COVID-19 recession.

Target stores: And are you a big fan of Target? Here are all the stores that are closing this year.

Have a great day.

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