Live updates: ASX drops sharply in early trade as investors follow Wall St pull back

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A mixed US employment report and steep fall for market darling Nvidia dragged US stocks lower on Friday, and Australian shares are following with a fairly sharp early drop. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

A mixed US employment report and steep fall for market darling Nvidia dragged US stocks lower on Friday, and Australian shares are following with a fairly sharp early drop.

However, there seems to have been far less discussion around what types of medium to high density development should take place — quality of construction , design/aesthetics, pedestrian/road amenity, etc…While the stereotype of an early-adopting electric car owner might be a cash-upped inner-city boomer, the Electric Vehicle Council says the reality in 2023 was quite different.

For those who hardly use their cars and take public transport instead, the higher upfront costs of electric vehicles may still be quite a barrier.Removing import tariffs on 500 products The cost of living relief will be outlined in the May budget and comes amid continuing speculation about an early federal election.Hopefully you had a move restful weekend than hosting a four-year-old's birthday party!

 

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