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ASX to rise; the property hotspots expected to flourish

·2-min read
SYDNEY, AUSTRALIA - AUGUST 08: Airline passenger off a Qantas flight from Melbourne wait in line to be checked off by New South Wales police at Sydney International Airport on August 08, 2020 in Sydney, Australia. All domestic passengers arriving from Melbourne now arrive at the International Terminal to enable authorities to implement mandatory hotel quarantine for 14 days for all passengers. As COVID-19 clusters in Sydney's east, inner west and south west continue to grow, New South Wales is on high alert with 9 new cases being reported on Saturday morning bringing the total of cases in NSW to 3,662 with 52 deaths. (Photo by James D. Morgan/Getty Images)
SYDNEY, AUSTRALIA - AUGUST 08: Airline passenger off a Qantas flight from Melbourne wait in line to be checked off by New South Wales police at Sydney International Airport on August 08, 2020 in Sydney, Australia. (Photo by James D. Morgan/Getty Images)

Good morning.

Here’s your Yahoo Finance Monday morning wrap:

ASX: The Australian share market is expected to open higher today off the back of a positive jobs report from the US.

The ASX futures was up 42 points, or 0.7 per cent, to 6,014. Wall Street finished up last week with mixed results; both the S&P 500 and the Dow Jones finished in the green while the Nasdaq fell.

House prices have copped a bruising in the pandemic – but not everywhere. Here’s where hotspotting.com.au managing director Terry Ryder expects house prices to rise.

Australia’s not-for-profit services are buckling. Volunteer and social service groups that take care of the homeless, aged, indigenous, remote populations and those with a disability are among those at risk of losing crucial support, a new survey has revealed.

Have you had to quarantine yourself? This man tried to sneak out of self-isolation a day early... And copped a hefty fine – then spent the night in jail.

One big bank is shoring up defences against scammers. Westpac will put in new scam detection measures in order to combat the spike of coronavirus-related scams and fraud, news.com.au has reported.

JobKeeper could be expanded further if the pandemic doesn’t get any better, Finance Minister Matthias Cormann has said according to an SMH report.

UTS is staring down the barell of 500 job losses and a $200 million fall in revenue if international students aren’t allowed in, according to SMH. Australia’s biggest universities have already announced hundreds of job losses.

And if you’re starting a new job, this is one of the worst mistakes you can make as a newcomer, an expert told Yahoo Finance.

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