1. The OECD released their forecasts on Wednesday night naming Australia as one of the leaders in the economic recovery. The forecasts showed Australia's recession would see economic output contract 5 per cent in 2020 and consumption plunge 7.6 per cent. Australia was behind South Korea, China and Indonesia in terms of economic resilience. The UK, Italy, France and Spain are assumed to be the hardest hit economically.

2. Prime Minister Scott Morrison is urging states to honour the cabinet meeting to open borders by July, which would help the recovery of Virgin Australia. He firmly stated that JobKeeper and JobSeeker stimulus packages would not extend past September.

3. AustralianSuper has taken a stake in affordable housing developer Assemble Communities and will invest "a couple of hundred million" dollars annually toward housing developments.

4. New COVID-19 cases in Australia have been reported in the single digits in just NSW and Victoria. Easing restrictions will be discussed again in a national cabinet meeting on Friday.

5. The Dow closed lower again, down 1.04% to 26,989.99. The S&P 500 dropped 0.53% to 3,190.14 and Nasdaq rose 0.67% closing over 10,000 at 10,020.35, affirming consumer confidence in tech stocks.