FEAR & GREED | Business NewsFEAR & GREED | Business News

ScoMo’s pre-election budget, share markets tumble, rents set to surge

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Wednesday 12 May 2021

The federal government outlines a big spending budget with an election in mind.

Also today:

  • Markets rise, markets fall. The ASX and global markets tumble just 24 hours after hitting new highs.
  • Victoria records a community transmitted case of COVID-19 but doesn’t go into lockdown, yet.
  • And the availability of rental properties falls to the lowest level in almost ten years.
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