Federal Labor leader Anthony Albanese has started day two of the election campaign admitting he "regrets" his performance on day one and plans to do a Taylor Swift and "shake it off".
Investors baulked at moving the Australian share market as an election campaign, hefty dividend payouts and surging bond yields gave them plenty to reconsider.
This week's jobs data will give Scott Morrison's election campaign a shot in the arm, with the nation's unemployment rate expected to fall below four per cent.
Australian shares have had their steepest fall in more than three weeks after US Federal Reserve meeting minutes showed policymakers wanted bigger rate hikes to curb inflation.
Households are in a strong enough position to handle a rise in interest rates, Josh Frydenberg says, as the RBA appears to be losing patience with inflation.
The March ANZ job advertisement series is likely to point to a further decline in the jobless rate and quicker than being predicted by the RBA and Treasury.
There were no red faces after tame ASX movement on April Fools' Day, although investors may be nervous about the Reserve Bank rates forecast next week.
Soaring commodity prices and the prospect of higher interest rates for banks have helped the Australian share market post its best month in the past 16.
