The Opening Bell || What Does The Federal Government's “Recovery Budget” Holds For You?

• The Federal Government has unveiled its “recovery budget”, including billions of dollars of new funding. Among the biggest winners from the budget is the aged care sector, which received a support of $17.7 billion. Low to middle income earners will see up to $10 million of another tax offset of up to $1 thousand 80 in their refunds.

• ASX gold shares such as De Grey Mining, Newcrest Mining, Gold Resources  and Resolute Mining could be under the spotlight today.

•  The WTI crude notched up by 0.8 per cdent to US$65.44 a barrel, while Brent crude was up 0.5 per cent to US$68.69 per barrel. 

• The dollar index was down by a mere 0.12 per cent, at 90.188, after touching a low of 89.979.  

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