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Bushfires still ravage: Yahoo Finance's Tuesday morning wrap

Fires still ravage NSW. Source: Getty
Fires still ravage NSW. Source: Getty

Good morning.

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

The ASX is expected to open higher marginally higher today after a dip in stocks on Wall Street. The SPI200 futures contract was up 0.12 per cent at 7am, suggesting a small rise for the S&P/ASX200 benchmark today.

And, here are 5 things to watch on the ASX today.

The Aussie dollar is buying 68.53 US cents, down from 68.55 US cents on Monday.

Bushfires still ravage NSW, with the state preparing for catastrophic and unprecedented conditions.

A catastrophic fire danger rating - the highest possible level - is in place for the Greater Sydney, Greater Hunter and Illawarra Shoalhaven areas.

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Temperatures in the high 30s, low humidity and winds of up to 80 kilometres per hour, coupled with the drought mean the state faces "horrendous conditions" this week, Rural Fire Service Deputy Commissioner Rob Rogers said.

If you want to donate to bushfire relief, here are a few places you can donate your money to assist communities struggling with losing their homes, workers assisting with putting out the bushfires, and even animals who have been stranded from the fires.

First home-buyers are set to flood the market, with the government’s First Home Loan Deposit incentive promising 5% deposits for 10,000 lucky ‘lottery winners,’ property expert Michael Yardney writes.

CEOs aren’t as confident as they once were, with new reports showing bosses are losing faith that growth will pick up.

Although the hiring intentions of bosses surveyed remain stable in this last quarter, expectations for the year ahead have softened.

Neobank 86 400 has become the first bank to offer digital mortgages through brokers, with an application process that requires just a single slip of paper.

Two Sydney women have been charged in relation to an investigation into email scams that netted $500,000. It's alleged the money was subsequently paid into the account registered to a 29-year-old man who then transferred the money to multiple accounts connected to the Campsie woman, police said.

Aussies paying for funeral insurance are losing $33,000, and could save cash by simply pre-paying their funeral.

Oporto’s giving out 10,000 free Bondi burgers from 10am today - here’s how to get your hands on one.

Have a great day.

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