1. ANZ has deferred its dividends and taken impairment charges of $1.674 billion, with $1 billion allocated strictly to coronavirus impacts. This compares to the $807 million provision NAB made on Monday, and the $1.2 billion provision made on Tuesday by Westpac.
2. Shares in Facebook rose up to 10% in after hours trading on Wednesday, after the company released its first-quarter results.
3. Microsoft also rose up to 5% in extended trading on Wednesday after their first-quarter results showed a sales growth of 15% and a statement said COVID-19 "had minimal net impact" on the company's growth.
4. NSW Premier Gladys Berijiklian warns if virus transmission rates spike again, after laws relax on Friday, the state will revert back to stricter isolation measures. Though, the Premier also said if we continue to be cautious throughout May, we could see more relaxed laws sooner than expected. As most recently reported, Australia has 6746 cases of coronavirus and 90 deaths.
5. Wall Street jumped up again last night, with the Dow rising 2.21% to 24,633.86. The S&P 500 jumped up 2.66% to 2,939.51 and Nasdaq rose 3.57% to 8,914.71.