The Australian market has extended losses into a third straight session as the key index trades lower after lunchtime, weighed down by a sell-off in Health stocks.
New jobs data released today showed an employment boom in November as the economy added 336,100 new jobs and pushed the unemployment rate down to 4.6%. PointsBet is rallying today after announcing the launch of its online and mobile sports betting operations in Virginia, the eighth operational state for PointsBet. A spotlight on Qantas as shares in the flying kangaroo are taking a hit today following the release of a market update which revealed the company expects to post a 1.1 billion dollar loss during the first half of this financial year in addition to expecting costs to ramp up as all Australian-based employees return to work. A Sushi Sushi outlet in Surfers Paradise, Queensland, is for sale for $1m worth of Bitcoin. The owners are selling the outlet in a world-first, all-bitcoin deal worth around 14.6 bitcoins at the cryptocurrency?s current rate.