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Yahoo Finance's Wednesday morning wrap

Don't look now, but the economy might be perking up according to Stephen Koukoulas. Source: Getty
Don't look now, but the economy might be perking up according to Stephen Koukoulas. Source: Getty

Good morning.

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

The ASX is expected to open unchanged after a mixed lead from Wall Street. The SPI200 futures contract was down 2.0 points at 7am, suggesting a flat start for the S&P/ASX200 benchmark today.

And, here are five things to watch on the ASX 200 today.

Mascot Towers owners have opted for a minimum $5 million loan to repair their building after some were unable to come up with the payments to meet a previously agreed multimillion-dollar special levy.

Debate over the government’s proposal to intervene in the energy market to reduce Aussie power bills is set to continue in parliament. Labor’s energy spokesman Mark Butler is set to introduce amendments to the ‘big stick’ bill today, which the government is expected to support.

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Don’t look now: Is the economy perking up? Leading economist Stephen Koukoulas thinks so. “For the first time in quite a while, I am getting a bit excited about the upside for the economy in 2020,” he writes.

House-hunting? Westpac research has revealed the top 10 suburbs in each Australian capital city where sellers were most likely to list homes in the next six months. If you were looking at Sydney’s Paddington or Melbourne’s Pakenham, you’d be right.

Worried about losing your job? Sydney financial commentator, David Taylor, writes that the rising cost of living is making Aussies anxious about being retrenched, or not finding a job that pays the same as your current one. Here’s his simple guide to beating job insecurity.

And: no time to grocery shop? Here’s how to get Amazon to deliver your groceries for free and knock 10 per cent off your basket.

Have a great day.

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