1. The Australian Banking Association and APRA received thanks from Treasurer Josh Frydenberg for agreeing to extend deferring loan repayments for struggling businesses and households for another four months.

2. Early withdrawals of superannuation have hit Treasury's initial forecast of $27 billion, just one week after the second round of super withdrawals were made accessible. Treasury announced as at July 5, 2020, data from the ATO shows more than 2.4 million people have been approved to access super early.

3. Victoria's re-entry into strict lockdown measures will cost the state roughly $2 billion a week. The re-emergence of lockdown measures for 6-weeks will require the Prime Minister to reassess the July 23 economic statement, which includes a decision on the next stage of JobKeeper and additional COVID-19 stimulus support packages.

4. The Trump administration has sent a letter to the United Nations, withdrawing the US from the World Health Organization due to their handling of the Coronavirus. The action was made without the support of Congress so it is unclear whether the request can be legally accepted.

5. The ASX is pitched to fall today after a drop on Wall Street. The Dow closed down 1.51% at 25,890.18. The S&P 500 slide 1.08% to 3,145.32 and Nasdaq was down 0.86%, despite hitting a record high earlier that day and closing at 10,343.89.