Sky News Business Reporter Edward Boyd says the market finished the day in positive territory, with materials, property, healthcare, and telcos leading.
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Tech stocks soar as ASX finishes down by 0.16 per centSky News Business Reporter Ed Boyd says the ASX 200 finished the day down by about 0.16 per cent, with tech stocks the best-performing sector of the day.
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‘Scant detail’ about teal MP Monique Ryan being sued by stafferSky News Senior Political Reporter Trudy McIntosh says the details about Kooyong MP Monique Ryan being sued by her staffer Sally Rugg are “quite scant”. “What we can tell you though is that Sally Rugg, the Chief of Staff to Monique Ryan, the member for Kooyong, has filed this legal action in the court,” Ms McIntosh told Sky News host Andrew Bolt. “The details of this yet to be made public.”
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Why bad news is good news for lithium stocksBullish new forecasts for lithium demand have coincided with setbacks to new supply projects. That’s good for prices, but not for the electric vehicle sector’s ambitions.
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Labor’s carbon scheme is a tax on ‘hi-vis’ industries: CanavanNationals Senator Matt Canavan says Labor is “hypnotised” by big business as the carbon scheme is a tax on anyone who wears “bright coloured clothing” to work. “The Business Council of Australia I think have got a lot of things wrong lately, the Labor party seems very enamoured with big business, they seem somewhat hypnotised,” Mr Canavan told Sky News Australia. “This is a tax that’s going to hit every Australian – it’s effectively a tax on anyone who has to wear bright coloured clothing to work, it’s a tax on our hi-vis industries. “We will keep fighting for small business, we’ll keep fighting for Australian families who just want a solution to their cost-of-living concerns – this government seems to have no answers for people except these massive new taxes.”
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Cultural dominance of ‘wokeism’ has ‘infected’ King CharlesThe cultural dominance of 'wokeism” has “infected” King Charles, according to Sky News contributor Dominique Samuels. “Nothing that the Royal Family does is by accident, so this was obviously a choice not to mark Australia Day,” she told Sky News host Chris Kenny. “Which is a real shame because really I think it stokes the idea that the Royal Family is irrelevant in places like Australia and Canada and other countries.”
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Govt should ‘incentivise’ workers to return to offices in the cityBusiness Sydney Executive Director Paul Nicolaou says government should “incentivise” workers to return physically to offices for Sydney to thrive. “A city like Sydney – can’t flourish and can’t be successful if people are working from home,” Mr Nicolaou told Sky News Australia. “We need to keep businesses going strong – anything we can do to encourage, incentivise workers to come back is so important. “We’re calling on the governments of all persuasions with business to work together to incentivise workers to come back into the offices in each of our respective cities across Australia.”
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