Equity futures point to a 0.2 per cent fall for the ASX at the opening bell on Monday, after Wall Street staged a late Friday rally to prevent the tech-heavy Nasdaq Index posting five consecutive weeks of losses.
Last week’s shock inflation spike to 3.5 per cent over the year to December 31 saw interest rate swap traders lift bets the central bank will have to lift the cash rate multiple times in 2022. at 2.6 per cent in 2021 and is now years ahead of the Reserve Bank of Australia’s official forecasts. On Tuesday, CoreLogic data is expected to reveal a robust January for residential property prices, after house prices gained 22.1 per cent on average over 2021 nationally, according to the data provider.
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Homebuyers warned to brace for interest rate hikesExpected interest rate rises later this year mean more costs for mortgagees and lower borrowing capacities, so experts say now is the time to act. It’s all Scott Morrison’s fault. The buck stops with him. Scott Morrison can’t manage money. World best economy under Labor. 23rd in world economy under Scott Morrison. People will default and the banks will swoop in and pick up cheap properties All part of the great reset You’ll own nothing and be happy
Source: newscomauHQ - 🏆 9. / 77 Read more »
‘Strap yourself in’: NSW Labor leader plays down byelection chancesNSW Labor leader Chris Minns says politics is a bigger part of people’s lives thanks to the pandemic as he faces his first big test as leader in a fortnight.
Source: FinancialReview - 🏆 2. / 90 Read more »
Queensland's back to school plan released: Masks, on-demand RAT kits for studentsMandatory face masks and on-demand rapid antigen test kits will form the strategy of Queensland&x27;s back to school plan released today. Teaching a class with a muzzle on. Good boy sit.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
NT scraps testing requirement for interstate arrivals, as COVID-19 hospital admissions rise to new peakInterstate arrivals to the NT will no longer need to do three rapid antigen tests in the week after arriving, in a major change to COVID-19 testing rules. , you guys are loving fellatio the government. AliciaCPerera You have not answered the, what, why, when and where with NT scrapping RAT, just spewed out figures without further details on 'with' and/or 'from'. Just fear porn. Inviting superspreaders..well done NT Best of luck The business council of australia wishes you well Odd, wasn't recent testing in N.S.W. revealing 1 in 4 people as positive. What is the positivity ratio for recent arrivals? Why introduce even one more potentially very mobile super spreader The rationale here seems to be about insufficient resources namely HCW's and RAT's
Source: abcnews - 🏆 5. / 83 Read more »
Why Tribeca’s Liu is still bullish on equitiesA solid earnings outlook together with reasonable valuations and an attractive dividend yield should see the market easily post double-digit gains, writes Jun Bei Liu.
Source: FinancialReview - 🏆 2. / 90 Read more »
Why the RBA can still be patient on interest ratesInflation is surging, but interest rates shouldn’t rise until wages are growing at a quicker pace.
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