
ASX set to tumble amid global carnage; $2.5b for battery storage; billionaires’ fortunes plummet
FEAR & GREED | Business News
• 18 min
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<p><strong>Monday 7 April 2025</strong></p>
<p><strong>The local share market is set to tumble today on the back of carnage in global financial markets.</strong></p>
<p>And more, including:</p>
<ul>
<li>Prime Minister Anthony Albanese promises $2.5 billion for battery storage. </li>
<li>How the 500 richest people lost $900 billion in two days. </li>
<li>The local auction market shows some resilience, and the Reserve Bank shows some confidence in households.</li>
</ul>
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