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ASX dips 0 7pc amid regional sell-off over US inflation fears

ASX dips 0.7pc amid regional sell-off over US inflation fears Save Share The Australian sharemarket tumbled for a second straight session, extending its fall away from its record high, as concerns over Wednesdayâs pending US inflation report prompted a sell-off across regional markets. The S&P/ASX 200 Index dropped 52.1 points, or 0.7 per cent, to 7044.9, down 1.8 per cent from the record high it hit on Monday. Â Japanâs TOPIX index dropped 1.3 per cent, Koreaâs KOSPI dipped 1.6 per cent and New Zealandâs NZX 50 lost 0.6 per cent. âDespite the severity of the moves, we sensed limited panic in our client conversations with many using (the) weakness as an opportunity to buy the dip, particularly in the value orientated areas,â JPMorgan analysts said in a note.

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2 high quality ASX shares for your retirement portfolio

2 high quality ASX shares for your retirement portfolio James Mickleboro | April 22, 2021 5:00pm | More on: Image source: Getty Images If you’re in retirement or approaching it, you may be looking for a combination of capital gains and income. But which ASX shares could help you achieve this? Two top options for retirees to look at are listed below. Here’s what you need to know about them: Collins Foods could be a good option for a retirement portfolio. It is a quick service restaurant operator with a focus on KFC restaurants. This focus is working wonders for the company and has underpinned solid earnings and dividend growth over the last few years.

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JobKeeper and early super release rorts and overpayments on the rise

JobKeeper and early super release rorts and overpayments on the rise Posted ThuThursday 11 updated FriFriday 12 The ATO has so far clawed back about $135 million of JobKeeper payments. ( Share Print text only Cancel The Australian Taxation Office (ATO) has revealed it is still owed hundreds of millions of dollars from companies that have attempted to rort the JobKeeper wage subsidy, were declared ineligible or were overpaid. Key points: More than 31,600 applicants for JobKeeper were rejected due to ineligibility or fraud Twenty Australian companies have volunteered to repay $144 million worth of payments, but the ATO has so far received just $20 million Individuals and companies are also having to repay incorrect payments for the early super release scheme and business cash flow boost

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Aussies demand return of classic KFC item

Aussies demand return of classic KFC item
noosanews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from noosanews.com.au Daily Mail and Mail on Sunday newspapers.

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Aussies demand return of classic KFC item

Aussies demand return of classic KFC item
whitsundaytimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whitsundaytimes.com.au Daily Mail and Mail on Sunday newspapers.