KM Financial Solutions | Australian shares expected to open little changed; NZ flat in early trade
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Australian shares expected to open little changed; NZ flat in early trade

Australian shares expected to open little changed; NZ flat in early trade

By Aaron Saldanha
Nov 3 (Reuters) – Australian shares are expected to open
flat on Friday, tracking stocks on Wall Street after U.S.
President Donald Trump named Jerome Powell as the Federal
Reserve’s new chief and investors assessed the tax cut plan
unveiled by Republicans in the House of Representatives.
The bill called for slashing the corporate tax rate to 20
percent from 35 percent but also ending certain tax breaks for
companies and individuals.
The dollar index , a

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