Here’s what you need to know this morning in Australia and beyond to kick off your week:
ASX: Australian shares are set to power higher on a continuing wave of investor confidence.
The SPI200 futures contract was up 36 points, or 0.51 per cent, at 7,044 at 0700 AEDT on Monday.
The S&P/ASX 200 index set new records last week advancing 22.3 points to 7064.1 on Friday. It followed a rally in US equities that continued at the end of the week, with the optimism spreading to Europe.
AUD: The Australian dollar was buying 0.68 US cents at 0700 AEDT.
Are you keeping an eye on the ASX today? Here are five things to watch out for.
Good news about bushfires: More than 100 businesses and sporting bodies are backing local businesses that have been hit by the fires by committing to hold meetings, events, and conferences in Victoria’s affected regions.
The AFL and its Victorian clubs, NAB, BHP, Tabcorp and Tennis Australia are among 115 organisations who have made the pledge, the state government revealed on Monday.
What will the Australian property market look like in a decade? Property expert Michael Yardney takes a look at what’s ahead – and what you can do about it.
Good news about the NDIS: An independent review of the National Disability Insurance Scheme’s legislation, released Monday, has made 29 recommendations to cut wait times and red tape while also simplifying the application process.
Red Cross goes to gamers: Red Cross is currently being heavily associated with the bushfires at the moment, but the international aid group has teamed up with the makers of the online video game Fortnite to raise awareness about its work.
Spearheaded by Red Cross workers in Switzerland and Thailand, the special mode on Fortnite will see players heal civilians, repair damaged infrastructure like schools, wrangle supplies and de-mine areas. Players would not be able to harm others in the special mode of the game.
Want a chance to live in a former tennis star’s mansion? Lleyton Hewitt’s former home has hit the market again – but it also has a bit of a dark past. Read about it here.
Want to grab a free beer tomorrow? A Sydney pub that bet the city's new downtown light rail would not open and run on time will give out an estimated 30,000 free beers tomorrow.
A ‘Tram Party’ will be thrown by The Morrison, located in Circular Quay, Sydney for the more than 10,000 people who registered for the bet. The pub will also have complimentary oysters, canapés and live entertainment at the function, to be held between 3pm and 9pm.
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