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Yahoo Finance's Friday morning wrap

ASX set to break record highs - and more in our morning wrap. Source: Getty

Good morning.

Here’s everything you need to know in finance today.

Australian shares are set to break new records as US markets also hit record highs.

The benchmark Australian stock index broke past the 7,000-point level for the first time yesterday, and finished at 7,041.8 points.

The Australian dollar is buying 68.94 US cents at 7am AEST this morning.

Communities ravaged by bushfires will lead recovery efforts, Prime Minister Scott Morrison has revealed.

The PM will meet with a bushfire peak bodies roundtable in Canberra on Friday.

The White House broke the law by withholding security assistance to Ukraine, a federal watchdog agency has said. They said, “the President is not vested with the power to ignore or amend any such duly enacted law."

Should I pay off my mortgage, or buy an investment property? We asked Canstar to crunch the numbers on whether someone with a mortgage would be better off paying off their mortgage quickly or investing in a second property. Here’s what they found.

Centrelink tells bushfire victims amnesty is over: Volunteer firefighters who were battling blazes and who received a Newstart allowance in exchange for meeting certain job-seeking requirements were earlier told their income support would not be contingent on fulfilling these requirements. That time is up come Monday.

And here are the best Aldi specials this week.

Have a great weekend!

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