Business
ASX up 0.3%; banks higher, Treasury Wine and gold miners drag – The Sydney Morning Herald
The S&P/ASX 200 jumped nearly 40 points to 6641 at the open with information technology and healthcare leading.
Australian GDP data
The highlight for the week locally will be GDP figures for the September quarter. Its expected the data will reveal positive growth for the quarter, ending technically speaking Australias COVID-19 recession. Economists consensus estimate is for a 1.7 per cent expansion in GDP last quarter, which will come off the back of the 7.0 per cent drop in the previous quarter, and the 0.3 per cent drop in the quarter before that. While a technical end to the recession is undoubtedly a…
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