Description
Monday 1 July 2024
Tens of billions of dollars of tax cuts and higher superannuation contributions kick in today, at the start of the new financial year.
And more, including:
The S&P/ASX200 finishes the last financial year up eight per cent with tech stocks leading the way. Perth, Brisbane and Adelaide take the gongs for strongest house price growth. Nike, the world’s largest sportswear company, downgrades its earnings outlook on the back of waning demand Plus don’t miss the latest episode of How Do They Afford That? - should you join an investment club? Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.
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This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
ASX200 closes lower
Bendigo boss exits
Labor backs PM over Payman
Power prices set to jump
Hurricane Beryl hits...
Published 07/02/24
Listener Nina asks: will the tax cuts received from July 1 have an impact on inflation?Join Sean Aylmer & Michael Thompson as they answer listener questions. If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!
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Published 07/02/24