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ASX to rise; and what's happening with property prices

CANBERRA, AUSTRALIA - SEPTEMBER 4: Australian Prime Minister Scott Morrison speaks during a media conference at Parliament House on September 4, 2020 in Canberra, Australia. State and Territory leaders met today for the National Cabinet Meeting to discuss alternatives for state border closures and caps on international arrivals in response to the COVID-19 pandemic. (Photo by David Gray/Getty Images)
Australian Prime Minister Scott Morrison. (Photo by David Gray/Getty Images)

Good morning.

Here’s your Yahoo Finance Wednesday morning wrap.

ASX: The Australian share market is set to rise this morning, off the back of a positive result from Wall Street.

US stocks rose overnight amid hopes that the US Federal Reserve would stick with its supportive policy stance.

‘Gap year at home’: Australians receiving JobSeeker payments would be able to also earn an income working on farms under a new recommendation designed to stem the shortage of agricultural workers. Here’s more about what this interim report has recommended.

What is up with Australian house prices? You’d think a pandemic would put a dent in the property market, but it hasn’t really, writes economist Stephen Koukoulas. “It is a long way from a crash. More like a slight stumble.

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Export JobSeeker, JobKeeper: Australia should assist the Pacific with developing their social systems in the pandemic, Save the Children will tell a parliamentary inquiry. More about that here.

Save money: Apple has introduced a cheaper version of its smartwatch as people save their pennies.

How far into the pandemic are we? According to the World Health Organisation, we’re still at the beginning. More on that here.

Have a good day.

–with AAP

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