Australia Markets closed

Yahoo Finance's morning wrap for Friday

It's all happening this morning. (Images: Getty)

Good morning.

Markets: Stocks across the world rose overnight after China agreed with US' sentiment to wind down tariffs in phases. The Australian market is forecast to do the same on opening this morning, with SPI200 futures up 0.21 per cent at 7am AEDT.

The Australian dollar is buying 68.99 US cents at 8:15am AEDT, up from 68.71 US cents Thursday.

Is there such a thing as good debt? I'm sure you've heard your uncle at the family barbecue talking about bad and good debt. We answer whether this a myth. 

Which supermarket has the better subscription service? Coles earlier this week launched its monthly subscription that gives you unlimited home deliveries, while Woolworths already had such a service. Now we compare. Then you can hunt down your favourite half-price deals.

Australian real estate could hit new record highs in just six months. The downturn didn't last long, did it? There goes affordability.

The big four banks have taken a $2.3 billion hit after the RBA's three rate cuts this year and the Royal Commission findings. CBA, Westpac, NAB and ANZ have now all reported their annual results and that is the cost combined, although not many consumers would much sympathy for the organisations.

Have a great weekend!

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