Oil, gold stocks lift ASX amid Iran conflict; AI job loss fears
US and Israel’s offensive in Iran has rattled global markets. However, the Australian sharemarket reversed earlier losses, as rising commodity prices saw investors pile into energy and gold stocks, offsetting losses in other sectors. For more on this, Stephanie Youssef spoke with David Walsh, analyst at Sarto Advisory. Plus, a third of Australian workers surveyed think their jobs will disappear in the next five years because of AI. Amelia O'Carrigan, Ranstad Director of Public Sector and Business Support spoke to Stephanie Youssef about this, and the emerging generational divide.
