Inflation spooks Wall St, tax office warning, house sales stay strong

Monday 3 May 2021

Warnings of inflationary pressures in the US economy spooks equity markets, as the COVID-19 vaccine roll-out around the world picks up steam. 

Also today:

• The federal government prepares to spend $1.7 billion on childcare in next week’s budget.
• The Tax Office lists the deductions it will keep a close eye on this tax season.
• And the beleaguered AMP faces up to its shareholders.

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