The Australian share market is on track to open higher, following a record-breaking performance on Wall Street as megacap tech stocks drove the Nasdaq to a record close above 20,000 points.
For decades, it has concentrated mostly on small and relatively defenceless targets when it comes to legal action and either avoided the big end of town or negotiated out-of-court settlements with well-funded entities. The laws shut down scores of small vapes sellers across the country, by restricting the products to pharmacies only, whether they contain nicotine or not, as well as banning single-use vapes and restricting flavours.The Reserve Bank's deputy governor has encouraged Australians not to stress too much about the likely impact on Australia's economy of a tit-for-tat trade war sparked by Donald Trump's presidency, and the problems it may cause for inflation next year.
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