Yahoo Finance ASX to start high; ScoMo, Albo's plans for the economy
Good morning.
Here’s Yahoo Finance’s Monday morning wrap:
ASX: The Australian share market is expected to open higher on Monday after US stocks finished on a high note last Friday.
The local SPI 200 futures contract was higher by 24 points, or 0.41 per cent, to 5,834.0 at 0700 AEST on Monday, indicating gains in share values early.
Wall Street saw major swings over Friday as bargain hunters looked to capitalise on sharp losses from the day before.
AUD: The Australian dollar was buying 68.42 US cents at 0700 AEST, down from 68.61 US cents at the close of trade on Friday.
Prime Minister Scott Morrison will push his JobMaker plan at a conference today. He’ll be looking at fast-tracking infrastructure projects and also deregulation. More on what he’s expected to say here.
Shaking up the industrial relations system is all well and good, but Labor leader Anthony Albanese will tell the same conference that we need more.
Tax time is coming up. When can you lodge your tax return? And when’s the last day to lodge? Here’s every date you need to know.
Working flexibly? Want to keep this arrangement after the Covid-19 period is over? Negotiate your terms now.
How should we boost the economy? More than 3,200 Aussies said finding a coronavirus vaccine or treatment is the best answer. (But I also asked Australia’s top economists; here’s what they think.)
–with AAP
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