Yahoo Finance Yahoo Finance's morning wrap for Thursday
Good morning.
Here's everything you need to know in finance markets for this morning.
Money, money, money is set to start landing in Australians’ bank accounts from next week with the Coalition gathering enough crossbench support to pass its $158 billion tax cut package. The first stage of the package will deliver “tax relief” of up to $1,080 to Australians earning up to $126,000.
The ASX will likely open higher after Wall Street hit new highs on Wednesday night. The Dow Jones Industrial Average finished up 0.67 per cent and the S&P 500 finished up 0.77 per cent, while the tech-heavy Nasdaq Composite up 0.75 per cent.
Boeing has pledged US$100 million (AU$142 million) to families affected by its 737 Max crashes. Two crashes in recent years have killed more than 300 people.
"We at Boeing are sorry for the tragic loss of lives in both of these accidents and these lives lost will continue to weigh heavily on our hearts and on our minds for years to come. The families and loved ones of those on board have our deepest sympathies, and we hope this initial outreach can help bring them comfort," said Dennis Muilenburg, Boeing chairman, president and CEO, on Wednesday.
Scam season is here in force, as Australians begin filing their tax returns. And while the Australian Tax Office wants your money, scammers want it too. Here’s what to watch out for.
‘Racist and sexist’ is how this viral letter from one American recruiter has been described, after it landed in a job seeker’s inbox. This is what happened next.
Roundup has led to a mass strike, with more than 500 workers at a Sydney council walking off the job to protest the use of the weed killer which has been linked to cancer. Staff at Blacktown City Council last month refused to use the weed killer and urged management to follow in the footsteps of other councils which had stopped using the product.
Getting into the C-suite takes more than pressing the highest level button on the elevator, but there are some certified steps to get that coveted title. According to recruitment firm Robert Half, the first step is making your passion clear. This is what else you need to do.
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