ASX up, housing plan to begin and 6 other things to start your day
The ASX is expected to rise this morning. (Source: Getty)
ASX: The local share market is expected to move higher this morning despite a weak session in the US overnight.
Housing plan: Stretched renters, disillusioned first home buyers and those experiencing homelessness will be at the center of a long-awaited national housing plan.
Consultation on the Albanian government’s 10-year plan to deal with Australia’s chronic housing challenges will begin in the coming months.
Glass ceiling: Australia is failing to break down economic and social barriers to work and leadership, according to a new report by the Committee for Economic Development of Australia (CEDA).
Men and women remain in traditional, gender-based occupations, and executive positions remain skewed toward men, CEDA found.
Paid Leave: Starting this week, workers will have access to their full rate of pay while on family and domestic violence leave.
The new laws give full-time, part-time and casual workers up to 10 days of paid domestic violence leave. Small businesses were given a grace period until August 1 to implement the changes.
Bank on it: The small town of Junee in New South Wales is locked in a David and Goliath battle with the Commonwealth Bank of Australia in an attempt to keep their banking branch.
The Big Four banks have closed hundreds of country branches around Australia in recent years, but Junee residents are angry they will have to make a one-hour round trip to Wagga Wagga to do their banking, or an ATM must use – which charges fees.
EV subsidies: More than 1,000 extra electric vehicles will hit Australian roads over the next nine months after the NSW Government announced a new round of subsidies.
Twenty organizations will receive financial help to electrify their fleets as part of the government’s $105 million programme, with most funding going to ride-sharing and vehicle subscription firms.
Research: Funding for Australian cancer research has more than tripled in the past 20 years, but experts say more investment is needed to tackle the country’s leading cause of death.
About $934 million was invested in cancer research from 2018 to 2020, compared with $292 million between 2003 and 2005, according to Cancer Australia’s latest audit.
Art on loan: Notice to Australia’s galleries: Jackson Pollock’s Blue Poles is available for loan.
Controversially acquired by the National Gallery of Australia (NGA) for $1.3 million in 1973, Blue Poles has been almost always on view in Canberra since the gallery opened in 1982.
But NGA director Nick Mitzevich said he was open to loaning the abstract expressionist painting if he was convinced it would be cared for and make an impact.
– With AAP
Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to our free daily newsletter.