1. Oil prices fell further again on Friday amid ongoing fears of falling demand and surging supply.

2. Australia's rate of coronavirus transmissions has halved over the weekend, but the number of community transmissions has not slowed down. Though, NSW chief health officer Dr Kerry Chant reminded citizens that “whilst it is pleasing we’ve seen a stabilisation in case numbers, it’s important to know they can vary and jump around day to day based on testing number. It is the long term trend in that data which is important.”

3. International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is now in a recession thanks to COVID-19.

4. Prime Minister Scott Morrison made another announcement on Sunday night, enforcing stricter measures for coronavirus isolation. The PM said Australians must stay at home except for "shopping for what you need - food and other essential supplies, medical care or compassionate needs, exercise or for work and education if you cannot work or learn remotely."

5. Wall Street dropped again on Friday, with the Dow closing 4.06% lower at 21,636.78, S&P 500 down 3.37% to 2,541.47 and Nasdaq down 3.79% to 7,502.38.