ASX: The ASX is expected to lift on Friday after Wall Street posted gains overnight. The ASX200 finished Thursday lower, down 0.29 per cent at 6,173.8 points.
Wall Street: Wall Street finished the Thursday session higher as investors were buoyed by hopes of more fiscal stimulus.
The Dow Jones Industrial Average rose 149.85 points, or 0.53 per cent, to 28,360.67, the S&P 500 gained 16.74 points, or 0.49 per cent, to 3,452.3 and the Nasdaq Composite added 13.58 points, or 0.12 per cent, to 11,498.27.
AusPost: Australia Post CEO Christine Holgate has stepped aside as the $12,000 Cartier watch scandal deepens. It comes after Prime Minister Scott Morrison blasted the act on Thursday, saying: "She's been instructed to stand aside and if she doesn't do that, she can go.”
Twiggy: One of Australia’s most well-known businessmen Andrew Forrest has opened up his childhood with a stutter, and issued one message to Aussie kids living with the same condition.
Underpayments: A Melbourne cafe has copped a $232,545 penalty after underpaying some 73 staff members more than $180,000.
The owners of Barry Cafe in Northcote were described as having deliberately underpaid workers as much as $12,315, with Judge Riley saying they didn’t believe the owners were sorry.
“I do not accept that the respondents are genuinely contrite. Rather, I consider that they are very sorry that they have been caught, and are facing a substantial penalty,” Judge Riley said.
Qantas: The full damage to the Flying Kangaroo will be outlined by Qantas at its annual general meeting today. Qantas has cut 8,000 jobs as international and domestic travel plunged, with international travel yet to resume.
Stranded expats: The national cabinet will meet for the first time in weeks today, with stranded Aussies expected to be at the top of the agenda. As it stands, returning travellers need to go straight into hotel quarantine at a cost of $3,000.
Colour: Would you change the colour to be more productive, creative, focused or calm? Here’s what you need to know about the colours.
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