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ASX to leap; Dow surges on rotation trade


ASX to rise; Dow advances on rotation trade
Share
Australian shares are poised to open higher. On Wall Street, the Dow reset its record high, though the buying pace eased as the session progressed.
For coverage of the
Financial Review Business Summitclick here.
ASX futures were up 48 points or 0.7 per cent to 6782 near 8am AEDT, paring their earlier surge. The local currency slipped 0.5 per cent. The yield on the US 10-year note rose 3 basis points to 1.60 per cent.
“We are getting a healthy reset of richly valued stocks due to rising cost of capital and it can be violent,” Peter Garnry, head of quantitative strategies at Saxo Bank, said in a tweet. ....

New York , United States , Hong Kong , City Of , United Kingdom , Ken Peng , Jude Turner , Neil Wilson , Philip Lowe , Wendy Liu , Robin Bhar , Global Research , Citi Private Bank , Monetary Policy , London Metal Exchange , Hang Seng China Enterprises , Banco Santander , Financial Review Business Summit , New Zealand March , Prime Minister , American Rescue Plan , New England , Banco De Sabadell , Shanghai Composite Index , Private Bank , Hang Seng ,

Surprising suburbs where Brisbane's richest live


News
by Brendan O’Malley and Hayden Johnson
25th Jan 2021 8:39 AM
Premium Content
Subscriber only
They are among the wealthiest people in Australia, but they live quiet lives out in the suburbs of Brisbane.
We take a look at the city s 2020 Rich Listers - who they are, how they made their loot and where they live.
There are some surprising suburbs where these multi-millionaires have put down roots.
Trevor Lee and Keri Craig-Lee.
TREVOR, KERI LEE
Ascot power couple Trevor Lee and Keri Craig-Lee have had a great year due to the end of the drought, becoming billionaires according to the 2020 Australian Financial Review Rich List. ....

Chapel Hill , South Australia , North Stradbroke Island , Kangaroo Point , Fig Tree , New South Wales , Tainan Municipality , Noord Brabant , Snowy Mountain , Noosa Heads , Lister John Van Lieshout , Terry Peabody , Dan Peled , Gordon Fu , Jamie Pherou , Mark Cranitch , Stuart Giles , Van Lieshout , Jamie Pherous , Hazel Rowe , Keri Craig Lee , Craig Lee , Lyndon Mechielsen , Maha Sinnathamby , Don Ororke , Bevan Slattery ,

Who's who in the hills: Hinterland's most influential


The
Daily understands we may have missed a few important identities.
Tell us what you think of the list and let us know any person who may deserve a spot by emailing scdaily@news.com.au
J
ude Turner - Spicers Retreats
Both offer guests exclusive getaways within the Sunshine Coast hinterland.
The Turner family also co founded the country s biggest travel agency network, Flight Centre Travel Group.
Founder Jude Turner operates The Tamarind at Maleny and Spicers Clovelly Estate at Montville.
 
Lisa Curry - Maleny
The golden girl of the pool, Lisa Curry now lives at a 24ha property near Maleny with husband Mark Tabone. ....

Glass House Mountains , Bald Knob , New South Wales , Sunshine Coast , Keith Murray , Rob Outridge , Sara Bucher , Chandler Powell , Brendon Hoyle , Joyce Newton , Jon Carmichael , Ray White Beerwah , Mark Tabone , Heather Simpson , Van Lieshout , Sally Hopper , Keri Gazzard , Kerry Brown , Ali Oetjen , Andrew Wallace , Angus Richard , Rosemary Armesto , Maleny Supa , Matt Jancauskas , Bryan Dillon , Winston Johnston ,