The ASX 200 is up 1.4 per cent in early trade, with the banking sector leading the gains.
The ASX 200 is up 1.4 per cent in early trade, with the banking sector leading the gains. US indexes closed strongly on Friday afternoon causing the ASX to rise. Banking is up about 2.3 per cent.
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BLM imported to Australia by people who ‘care nothing’ for genuine indigenous issues | Sky News AustraliaSky News contributor Cory Bernardi says the Black Lives Matter movement in Australia has been imported by people who “care nothing for the actual problems” in indigenous communities and how they can be solved.\n\nHe said the BLM movement will have you believe that if you are white “the problems in black communities are your fault simply because of your skin colour”.\n\n“I just think it’s time we stopped apologising for sins of the past that none of us are responsible for, and had a decent conversation about what’s really happening”.\n\nImage: Getty
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Remdesivir COVID-19 drug approved for use in Australia | Sky News AustraliaCoronavirus trial drug Remdesivir has been approved for use in Australia as Victoria registers 216 new cases overnight.\n\nDeputy Chief Medical Officer Dr Nick Coatsworth welcomed the news for those suffering from 'moderate to severe coronavirus disease' but said it was Australia's skilled doctors and nurses that was the best news.\n\n'We have amongst the world's leading intensivists; the world's leading critical care nurses. We have worked to bolster their capacity through extra ventilators, through extra beds and through upskilling registered nurses,' he said.\n\n'Given there are only 16 patients who are in ICU Australia-wide, we are well within that capacity.\n\n'We're satisfied the current stockpile in Australia will be enough for the coming weeks based on the numbers in Victoria at the moment.' \n\nImage: News Corp Australia\n\n
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China is ‘intent’ on teaching Australia a lesson | Sky News AustraliaSocial commentator Prue MacSween says China doesn’t need to go to war with Australia because it “owns so much already”.\n\nIt comes as China has hit back against Australia telling the government not to interfere with its internal affairs, after Prime Minister Scott Morrison announced a visa program for fleeing Hong Kongers.\n\nIn addition to offering work rights and a path to citizenship, the prime minister has also suspended Australia’s extradition treaty with Hong Kong, and issued travel warnings to Australians contemplating travelling to China.\n\n“China is all about control, and it is intent on teaching us a lesson,” Ms MacSween said.\n\n“It has been successfully implementing its strategy to control and influence Australia and other countries”.\n\n“For years it has been grooming or buying politicians here, and infiltrating all areas of society”.\n\nImage: AP
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'Blexit' designed to encourage black Americans to reject the 'lunacy of the left' | Sky News AustraliaThe ‘Blexit' movement is designed to encourage black Americans to “break free of the victim narrative” and embrace the American dream, according to Gina Bontempo.\n\nMs Bontempo, who is the manager of well-known conservative Candice Owens, says more-and-more black Americans are leaving the Democratic party and rejecting the left’s ideology. \n\nBlack Americans are one of the Democratic Party’s most consistent voting blocks.\n\nAt the 2016 presidential election, 89 per cent of black voters cast their ballot for Hilary Clinton, while in 2012, 93 per cent of black voters cast their ballots for Barack Obama.\n\nIn the 2020, black voters revived Joe Biden’s ailing presidential campaign, helping him secure the Democratic presidential nomination.\n\nHowever, Ms Bontempo told Sky News ‘Blexit’ aims to change this narrative.\n\n“Blexit is encouraging black Americans to really think for themselves, to not be owned by the Democratic Party, to not be owned by the left, and to really break free from this victim narrative, and to really embrace the American Dream and embrace everything the United States has to offer.\n\n'We are really encouraging people to leave behind the lunacy of the left.\n\n'We have 12 chapters across the country that are always on the ground helping black families and students on the ground thrive.”\n
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Donald Trump wears face mask in public for first time | Sky News AustraliaUS President Donald Trump has been seen wearing a face mask in public for the first time since the coronavirus pandemic began.\n\nMr Trump wore it at a military medical centre outside of Washington to meet with wounded soldiers and healthcare workers.\n\nTrump has previously refused to wear a mask in public nor has he asked any Americans to do so, saying it is a “personal choice”.\n\n
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Maserati able to manage economic crisis due to its 'strong brand equity' | Sky News AustraliaChief Operating Officer for Maserati Australia, New Zealand and South Africa Glen Sealey says COVID-19 has not had as large impact as it could have on the company because of its “strong brand equity”. \n\n“Downturns like this people look for value when times are tough, Mr Sealey told Sky News.\n\n“What you’ve done with your brand prior to going in is so important to how your brand performs during such a time.\n\n“That value equation has to reflect not just your product but your brand equity.”\n\nMaserati in Australia has had extraordinary sales growth over the past five years.\n\nMr Sealey said the company has fallen by 16 per cent but in a market that’s down over 20 per cent so it’s “holding ground so to speak”.\n\n“Certainly 2019 was a planned decrease and 2020 COVID-19 has obviously caught us by surprise,” he said.\n\n“2019\u002F2020 were always going to be years of consolidation for the Maserati brand as we prepare for our next stage of our business life with new models coming from late this year to the next five years.'
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