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Australian shares have rallied after the Morrison Government announced it would extend its wage subsidy scheme.
A company once regarded as a star of the financial technology sector has been engulfed in a massive misconduct case involving market manipulation.
The New York Stock Exchange will temporarily close its historic trading floor after two people tested positive for coronavirus.
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Retail and travel stocks fell on Wednesday as the Victorian lockdown continues to threaten Australia’s economic recovery.
The Aussie dollar has dropped to 55 US cents – the lowest since 2002 – as the horrific global growth outlook combined with an emergency rate cut takes its toll.