Australia markets open in 5 hours 49 minutes

    -193.40 (-2.60%)

    +0.0013 (+0.18%)
  • ASX 200

    -177.90 (-2.49%)
  • OIL

    +2.08 (+2.43%)
  • GOLD

    -21.40 (-1.16%)

    +1,382.57 (+2.65%)
  • CMC Crypto 200

    +25.12 (+2.94%)

Yahoo Finance’s morning wrap for Wednesday

Are robots going to take our jobs? Economists don't think so. Source: Getty
Are robots going to take our jobs? Economists don't think so. Source: Getty

Good morning.

Here’s everything you need to know in finance this morning.

The ASX is expected to open slightly higher today. The SPI200 futures contract was up 12 points, or 0.18 per cent to 6,565.0 at 7am this morning.

But while the Aussie markets might be up, Wall Street finished flat overnight, with the Dow Jones Industrial Average down 0.05 per cent, the S&P 500 down 0.03 per cent, and the Nasdaq Composite down 0.01 per cent.

Woolworths was taken to Fair Work by the retail workers’ union over its planned restructure which could see workers face redundancy, and it’s all eyes on the Woolies share price as a result.

Oil and gold prices are also edging higher, and keep a watchful eye on Afterpay Touch shares after the company entered a trading halt to embark on a $400 million capital raising.

PHEW! Robots aren’t taking our jobs. According to leading economist, Chris Richardson, Aussies shouldn’t be afraid that artificial intelligence will replace their jobs, because creativity and caring skills will be needed to get ahead in the future.

Do you have life insurance inside your superannuation? You might, but as of 1 July this year, it could be taken away as part of the government’s ‘Protecting Your Superannuation’ laws.

They’ll see automatic life insurance cover be removed from members whose accounts have been inactive for 16 months or more.

Have you suffered from workplace burnout? Burnout’s been certified as a legitimate syndrome by the World Health Organisation, and 23 per cent of all employees have experienced it, but what do you if you suffer from it? Here’s one trick that doctors and politicians use to cope with burnout.

Want to make your morning commute a little more worthwhile? If you find getting to work a bit of a drag, you’re not alone. But, Yahoo Finance has dug up the five best podcasts you can listen to if you want to get your brain going, and better your finances.

Instagrammers have been quite problematic in Perth. They’ve flocked to photograph a tiny boat shed in the Swan River - and turns out they need a loo when they’re there. Cue the City of Perth, which has had to fork out a whopping $400,000 to accommodate tourists’ toilet needs.

Have a great day.

Make your money work with Yahoo Finance’s daily newsletter. Sign up here and stay on top of the latest money, news and tech news.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting