ScoMo’s pre-election budget, share markets tumble, rents set to surge
FEAR & GREED | Business News
<p><strong>Wednesday 12 May 2021</strong></p>
<p><strong>The federal government outlines a big spending budget with an election in mind.</strong></p>
<p>Also today:</p>
<ul>
<li>Markets rise, markets fall. The ASX and global markets tumble just 24 hours after hitting new highs.</li>
<li>Victoria records a community transmitted case of COVID-19 but doesn’t go into lockdown, yet.</li>
<li>And the availability of rental properties falls to the lowest level in almost ten years.</li>
</ul>
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