FINSOC Weekly Wraps Vol.20

Sep 9, 2021 Weekly Wraps

• NSW recorded 319 new cases of COVID-19 on Saturday. Scott Morrison has announced that those who have lost work due to restrictions will be able to claim a maximum of $750 per week from the COVID-19 Disaster Payment.
• US-based Fintech company Square, acquired BNPL giant Afterpay for A$39 billion.
• The ASX 200 saw a weekly gain close to 2%. Most sectors improved, led by the IT sector which boasted a 13.69% weekly gain.
• News Corp. purchases digital data provider Oil Price Information Service (OPIS) for US$1.15 billion.