Monday, October 5, 2020

Trump coronavirus diagnosis rattles markets, overshadows big spending recession budget, James Packer prepares to face casino licence inquiry

Global financial markets are on edge much more than usual at the moment after Donald Trump, the First Lady and other White House aides tested positive for the coronavirus.

The fast-moving developments overshadow the big local event here in Australia - Josh Frydenberg's COVID-19 recession budget to be revealed tomorrow. I speak with Commonwealth Bank head of Australian economics Gareth Aird. 

Also James Packer to face casino licence inquiry against backdrop of alleged inadequate compliance with anti-money laundering regulations.

Here's my analysis broadcast this morning on RN Breakfast



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