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Amazon ditches COVID testing at all US warehouses

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Amazon has ended its COVID-19 testing for employees

In a sign of normality, US Amazon warehouses are suspending on-site COVID-19 testing

Amazon has informed workers that it will end on-site COVID-19 testing at its US warehouses.

The online retail giant says it has seen confidence in America’s rollout of vaccines while urging employees they can still get tested at health clinics.

The company opened a massive testing operation saying in October that it planned to handle 50,000 tests per day across 650 sites.

Amazon was a leading corporation in America to offer testing to staff, with health experts indicating the initiative helped alleviate pressure on public testing sites.

Vaccine rollout praised with confidence

The USA’s coronavirus vaccine rollout has been applauded by leaders right around the world including the World Health Organisation.

President Joe Biden has been on a mission to vaccinate the majority of America by the end of the year – and that target is on track for success.

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Australian Dollar surges: What $0.70 means for markets

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

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Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.


The Australian dollar has jumped more than 5 percent against the U.S. dollar this year, now trading around $0.70. This rapid rise has sparked mixed reactions for importers and exporters as Australia’s materials sector shows signs of bouncing back, despite concerns over rising interest rates.

Dale Gilham from Wealth Within breaks down the factors behind the AUD surge, the implications for commodities, and what it means for big miners like BHP. From profits to strategy, we explore how the market is reacting to this currency shift.

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S&P 500 rises as financial stocks lead and tech slips

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

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S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!


The S&P 500 climbed 0.4% on Tuesday, boosted by strong gains in financial stocks. Citigroup and JPMorgan led the rally, showing investors are rotating money into the sector as tech stocks faltered.

Meanwhile, software shares struggled, with ServiceNow, Autodesk, and Palo Alto Networks all seeing notable declines. Concerns around AI disruption continue to affect the software and financial sectors alike.

Market watchers are now turning their attention to upcoming inflation reports later this week, looking for signals that could shape the next moves in the market.

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Australia’s GST debate heats up amid tax reform push

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

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Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.


Australia is facing a fierce debate over tax reform, with fresh calls to broaden the Goods and Services Tax as the government searches for more stable revenue streams. With an ageing population putting pressure on health, pensions and long-term spending, economists argue the current reliance on personal income tax may not be sustainable.

Dr Steven Enticott from CIA Tax joins Ticker to break down the real impact of expanding the GST, including how it could affect lower-income households, whether taxing unrealised gains would change investor behaviour, and what compensation mechanisms could soften the blow on essential goods. The political risks are high, but so are the fiscal stakes.

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