As we gear up for a Federal Election in six days and with vital data on the horizon, the market is back up. What's hot and what's not now that we're here?

The failure of businesses has catapulted by 45% this financial year, with hospitality operations experiencing the greatest growth of liquidations, while construction remains the most serious sector for collapses.

Governments at state and national levels just can’t look at business from one side. The reality is running a business is tough. As not many people in government have ever done it, they don’t quite get what’s going on in the real world of smaller enterprises.

Has anyone considered business owners here? Mortgage broking, real estate, financial planning, public relations, the trades, hairdressing and many more businesses could see an employee leave their business and literally ‘steal’ their clients.

The good news about so many politicians owning strong property portfolios is that it’s unlikely that other Aussies owning property will see big changes to negative gearing and the capital gains tax!

Wall Street plummets again on the President’s threats to sack Federal Reserve boss Jerome Powell, while ordering him to cut interest rates “NOW!”

These rises look socially applaudable but there will be some economic consequences for the Federal Government or parents using childcare businesses, and other private commercial operations in other sectors that employ low-paid workers.

The time has come for me to make my detailed predictions for Australia’s federal elections on 3 May.

Who can we thank for this good news about rates? Try Donald Trump and his less-than-likeable tariffs!