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ASX set to tumble amid global carnage; $2.5b for battery storage; billionaires’ fortunes plummet

ASX set to tumble amid global carnage; $2.5b for battery storage; billionaires’ fortunes plummet

Published 9 months, 1 week ago
Description

Monday 7 April 2025

The local share market is set to tumble today on the back of carnage in global financial markets.

And more, including:

  • Prime Minister Anthony Albanese promises $2.5 billion for battery storage. 
  • How the 500 richest people lost $900 billion in two days. 
  • The local auction market shows some resilience, and the Reserve Bank shows some confidence in households.

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