Australians Say They Now Need A$1 Million to Retire, Study Shows

Sydney reported a record number of Covid-19 infections, with New South Wales accounting for the bulk of cases as Australia battles the delta variant. The update points to worsening public health conditions and a likely drag on mobility and reopening activity. Market impact is limited in isolation, but the trend is clearly negative for the local recovery outlook.

Analysis

Sydney reported a record number of Covid-19 infections, with New South Wales accounting for the bulk of cases as Australia battles the delta variant. The update points to worsening public health conditions and a likely drag on mobility and reopening activity. Market impact is limited in isolation, but the trend is clearly negative for the local recovery outlook.