Highlights
  • The ASX200 is trading 2.25% lower at 7167.30 after lunchtime.
  • Webjet rises on Australia opening international borders from November.
  • Pro Medicus announced a new $40m, 7-year contract with Novant Health.

The Australian market is tumbling today, trading 2.25% lower at 7167.3 after lunchtime as all sectors aside from the gold miners trade in negative territory. The banks are taking the biggest hit today with the CBA down 3.9% and Westpac is trading 2.5% lower.

The tech sector is trading in the red today led by EML Payments tumbling more than 3.6% while Tyro Payments is trading 3.34% lower.

Bitcoin is trading 0.71% higher over the last 24-hours at US$43,541.25 at 1:20pm AEST.

Investors are buying into Webjet shares today after Prime Minister Scott Morrison announced fully vaccinated Australians will be able to jet off overseas and return home without approval from November. Upon return, the Australians will need to complete 14 days of self-managed quarantine.

Making headlines, Pro Medicus is trading lower today despite announcing a new $40 million dollar contract over seven-years with US-based healthcare provider Novant Health. The deal is Pro Medicus? equal largest to date and will see the medical imaging company?s products implemented throughout Novant?s 15 medical centres for use across its 6 million patients annually.

Eminem has officially opened a ?Mom?s Spaghetti? restaurant in downtown Detroit with fans lining up to visit the rapper?s restaurant where Eminem surprised fans by serving customers on the opening day.