Here’s everything you need to know in finance today.
The ASX is expected to open lower, after another negative lead from overseas. And, here are five things to watch on the ASX 200 today.
The Aussie dollar is buying 68.42 US cents from 68.46 US cents yesterday.
Quarterly GDP figures will be released today, but economists are expecting to see signs of Australia’s gentle recovery.
CommSec chief economist Craig James expects a 1.7 per cent increase over the year.
"Exports, government spending and inventories will account for the bulk of growth in the quarter," he said.
The Reserve Bank of Australia held rates at 0.75 per cent yesterday, with governor Philip Lowe expecting growth to lift to around three per cent in 2021.
The National Disability Insurance Scheme shortfall is leaving people homeless, with some people with disabilities ending up homeless, in jail or in caravan parks because of a lack of suitable accomodations, Victoria’s official disability advocate has said.
"It is fair to say the NDIS is not yet delivering on the promise of providing participants with choice and control over where they live," the Office of the Public Advocate investigation into violence and abuse between residents in group homes found.
Young Aussies could soon pay less for private health insurance: New reports suggest deregulated premiums could prompt more younger Aussies to sign up to private health insurance, and save the industry.
Funds should be able to charge Australians under 55 years a rate based on their age and charge a flat rate for people over 55, the Grattan Institute said in the report released on Wednesday.
Amazon Australia is selling houses: The online marketplace has just added tiny houses to its stores, and is even giving one away stuffed full of goodies as a promotion. Here’s how to win one.
Thinking of starting a business next year? If you’re thinking of adding your brand new business concept to the already crowded market, H&R Block’s director of tax communication, Mark Chapman, reveals what you need to consider for tax purposes before you start the business.
Grocery shopping? Here are the best half-price specials this week at Woolworths and Coles.
Have a great day.
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