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ASX up, super nod and 4 other things to start your day

A composite image of tthe ASX board showing company price changes and Treasurer Jim Chalmers.
The ASX is expected to rise this morning. (Source: Getty)

ASX: The local share market is expected to rise this morning after Wall Street rallied over the weekend.

Super plan: A majority of voters approve of the government's superannuation tax plan but Labor and Prime Minister Anthony Albanese have been marked down, according to the latest Newspoll.

The poll found almost two-thirds of voters support Treasurer Jim Chalmers' plan to double the concessional tax rate for super balances over $3 million in 2025. Of those polled, 64 per cent approved, compared to 29 per cent who did not.

Brace for it: Mortgage holders are likely to be hit with another lift in their monthly repayments if the Reserve Bank delivers its 10th interest rate hike in a row tomorrow.

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The central bank is expected to deliver another 25-basis-point rise, which would take the cash rate from 3.35 per cent to 3.6 per cent.

Health care: New figures show thousands of senior Australians have received access to cheaper medicine and GP visits since changes late last year to the commonwealth seniors health card.

The changes brought in by the federal government saw the income threshold for singles increase from almost $58,000 to $90,000, while the limit for couples rose from $92,416 to $144,000.

Greener pastures: Australians building or renovating their homes with solar panels and no gas will benefit from a $125 million investment to improve access to sustainable housing.

Under a new agreement between the Clean Energy Finance Corporation and the Commonwealth Bank of Australia , the federal government will provide a $125 million investment to CBA's Green Home Offer.

The offer is expected to encourage home builders and renovators to construct homes that meet high energy-efficiency standards.

Pass the remote: More Aussies are watching content through streaming services, while commercial TV remains the most popular way to get the news.

The media-consumption survey found 66 per cent of Australian adults watched online streaming services in 2022, up from 62 per cent the year before.

The next most popular form of content to watch was free video streaming services, 58 per cent, followed by free-to-air TV at 53 per cent.

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