ASX to open flat, Dow resets record high
Australian shares are poised to open lower amid a rotation in New York that bolstered the Dow and knocked the S&P 500 and the Nasdaq.
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Australian shares are poised to open lower amid a rotation in New York that bolstered the Dow and knocked the S&P 500 and the Nasdaq.
Yarra Capital Management has boosted its investment team with two new hires and two senior promotions.
Australia’s economy appears to be heading for a pre-election boom that will challenge the RBA’s plan to keep interest rates near zero.
The Commonwealth Bank and Westpac have each lifted their borrowing rates after the Reserve Bank of Australia announcement on Tuesday.
Prime Minister Scott Morrison says he plans to reintroduce foreign skilled labour this year and the nation must fix supply chain port blockages, which business complains is increasing cost pressures.