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Your afternoon Briefing: Stocks make shock late rally after brutal day

Good afternoon, readers. Stocks endured another brutal day and Bill Shorten wants banks stripped of the right to manage super.

Good afternoon, readers. Stocks endured another brutal day, saved only by a sudden 24 point rally in the closing share price auction and Bill Shorten wants banks stripped of the right to manage super.

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Stocks saved at the bell

Following a sudden late rally, the local sharemarket finished the session flat but still left the index eyeing its worst month since the global financial crisis.

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Opposition Leader Bill Shorten in Question Time in the House of Representatives Chamber at Parliament House in Canberra. Picture Kym Smith
Opposition Leader Bill Shorten in Question Time in the House of Representatives Chamber at Parliament House in Canberra. Picture Kym Smith

Strip banks’ super rights: ALP

Bill Shorten has firmed his call to strip major banks of the rights to manage superannuation, after he was accused of a blunder over the banking inquiry.

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NUKU'ALOFA, TONGA - OCTOBER 26:  Meghan, Duchess of Sussex visits Tupou College on October 26, 2018 in Nuku'alofa, Tonga. The Duke and Duchess of Sussex are on their official 16-day Autumn tour visiting cities in Australia, Fiji, Tonga and New Zealand.  (Photo by Karwai Tang/WireImage)
NUKU'ALOFA, TONGA - OCTOBER 26: Meghan, Duchess of Sussex visits Tupou College on October 26, 2018 in Nuku'alofa, Tonga. The Duke and Duchess of Sussex are on their official 16-day Autumn tour visiting cities in Australia, Fiji, Tonga and New Zealand. (Photo by Karwai Tang/WireImage)

We are amused: Meghan’s mirth

The Duchess of Sussex was left crying with laughter when she was serenaded with a song about mosquitoes — complete with swatting.

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Todd Reid plays his first match at the 2008 APS Manly Seaside Tennis Championship at the Manly Lawn Tennis Centre.
Todd Reid plays his first match at the 2008 APS Manly Seaside Tennis Championship at the Manly Lawn Tennis Centre.

Former tennis prodigy dies

The death of former junior Wimbledon champion Todd Reid at the age of 34 has shaken the Australian tennis community.

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Qantas incorrectly sent a Chairmans Loung survey to other frequent flyer members. Picture: Lucas Muro
Qantas incorrectly sent a Chairmans Loung survey to other frequent flyer members. Picture: Lucas Muro

Qantas Chairmans Lounge gaffe

Thousands of Qantas frequent flyer members thought they’d been granted access to one of the nation’s most sought-after clubs.

Original URL: https://www.theaustralian.com.au/news/briefing/your-afternoon-briefing-stocks-make-shock-late-rally-after-brutal-day/news-story/e7b62a1160f00d47f14d75c6754bae10