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Singapore tightens restrictions again as COVID spikes

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Singapore is set to tighten COVID019 restrictions, again

The nation will tighten restrictions on dining-in and social gatherings again and halt indoor exercise from this Thursday.

The tougher stance on restrictions comes amid a record daily number of Covid-19 infections fueled by highly transmissible strains of the virus that are spreading across Southeast Asia.

Dining-in will be suspended and group gatherings will be cut from five people to just two through to August 18.

Health authorities stated that these measures were to be reviewed after two weeks.

Singapore will also unveil a virus support package in the coming days, which Finance Minister Lawrence Wong says would “take reference” from earlier aid. A prior package cost S$1.2 billion.

Supermarkets and wet markets will be allowed to remain open, despite authorities saying there was “considerable exposure” of coronavirus within these venues.

More than 85% of Singaporeans aged 60 to 69 have been vaccinated, Health Minister Ong Ye Kung confirmed, along with 71-72% of seniors above age 70.

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Money

Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Money

Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Money

Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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