Australia markets closed

    +100.80 (+1.51%)

    -0.0084 (-1.28%)
  • ASX 200

    +93.00 (+1.44%)
  • OIL

    -1.51 (-1.84%)
  • GOLD

    -19.30 (-1.16%)

    +674.76 (+2.30%)
  • CMC Crypto 200

    +11.85 (+2.76%)

ASX to rise as politicians gear up for vaccine fight

·Personal Finance Editor
·2-min read
Prime Minister Scott Morrison, Australians wait in a line with masks on and the ASX board.
Prime Minister Scott Morrison, Australians wait in a line with masks on and the ASX board.

ASX: The local market is set to rise at the open after the US extended gains in the overnight session.

Wall St: The S&P 500 reached its sixth consecutive all-time closing high as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.

All three major US stock indexes ended the session in positive territory but a decline in tech shares - led by microchips - tempered the Nasdaq's gain.

Vaccine fight: The National Cabinet is coming together today to discuss how to ensure the current lockdowns are the nations last.

This comes as the vaccine rollout has been slammed and labeled a failure by ex-politicians, experts and economists.

The National Cabinet discussion comes as new data revealed Australia has the lowest vaccination rate in the industrialised world.

Jobs, jobs, jobs: There are 57 per cent more jobs available now than there were before the COVID-19 pandemic.

New ATO data revealed job vacancies have boomed as businesses struggle to fill roles without international migration.

There are hopes the labour shortage will help to finally boost wages.

Crucial service: The Federal Government has scrapped face-to-face services at a Centrelink branch in regional Victoria, in a snap decision that has left the local community reeling.

Instead the community will be served by an ‘agent-service’ which means people who visit the centre would only be provided with assistance logging onto computers, uploading documents or using phones.

To infinity: The newest member of billionaire Jeff Bezos’ space flight has been announced.

Bezos, who will also be on the flight with his brother, will be joined by Wally Funk.

Funk is one of 13 women who passed NASA's astronaut training program in the 1960s, but was never selected for a space mission due to her gender.

Funk, 82, will be the oldest person ever to travel into space, Blue Origin said in its announcement.

Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to the free Fully Briefed daily newsletter.