Aussie stock market hits fresh 11-week high as investors rally out of pandemic

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Aussie stock market hits fresh 11-week high as investors rally out of pandemic. 9News

A man stands in front of digital market boards at the Australian Stock Exchange in Sydney, Monday, March 2, 2020. The Australian share market spiralled nearly 2.5 per cent lower as the deadly coronavirus spreads across the planet and stifles trading prospects. NO ARCHIVING

The rally comes on the back of Prime Minister Scott Morrison unveiling his "JobMaker" plan, a multi-year economic reform package that focuses on building local industry. Under Mr Morrison's plan, funding would be more closely linked to skill gaps based on what businesses need. Industry will be given greater power to shape training needs, with pilot schemes across human services, digital technologies and mining used as examples for other sectors.

A man is seen looking at the digital market boards at the Australian Stock Exchange in Sydney, Monday, March 9, 2020.

 

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Fake market.capitalism is dead.Economy is crashing yet the Stock market rallies?..Central banks are printing trillions into the markets it’s a scam..Ehd game currency collapse.

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AKA it’s always been a scam. The money that a few people made when qantas dropped its share price was fantastic. I know people that doubled their money in 3 days. It’s called the stock market. NOTHING HAS CHANGED. You can make loads in a crisis

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