Stupid new debt-to-income rules?!

Good Morning,

Shares to rally as profits grow at fastest clip in three years, Roosters star Sitili Tupouniua set to sign with Canterbury Bulldogs on long-term deal, France election live: first-round results give far-right alliance 33% of vote, China Dividend Stocks Outperform Growth Peers by Most Since 2019, New pilot programme aims to help whānau in need stay ‘warm and well’ over winter, Man arrested after crashing allegedly stolen car into house, swimming away from police

Let's jump in.

Before The Bell

Markets

• Shares to rally as profits grow at fastest clip in three years (AFR)

• South African Stocks Are Hot Property as Coalition Era Starts (BBG)

• Turkish Stocks Dive After Simsek Says Trading Tax Still in Play (BBG)

• Debt-Saddled Laos Turns to Deferrals as Repayments Nearly Double (BBG)

News Summary

• Chapel Bar & Bistro goes into receivership (Stuff)

• The industries with the biggest employment changes in the past year (Stuff)

• 1 July changes that could affect your bank account (Stuff)

• Where can you afford to buy property under new debt-to-income rules? (Stuff)

• NAB's app working again after outage, internet banking still down (9 News)

• Roosters star Sitili Tupouniua set to sign with Canterbury Bulldogs on long-term deal (Nine)

• Russian state media claim Kanye West is visiting Moscow (9 News)

• What is going on with Australia's vaping laws? (9 News)

• Millions get pay boost as minimum wage rises (9 News)

• Chilly nights to continue as parts of Australia weather coldest start to winter in decades (Guardian)

• Japan’s lonely deaths epidemic (Guardian)

• Chinese space rocket crashes in flames after accidental launch (Guardian)

• France election live: first-round results give far-right alliance 33% of vote (Guardian)

• We can’t let the animals die (Guardian)

• China Dividend Stocks Outperform Growth Peers by Most Since 2019 (BBG)

Deal Flow

Investments / M&A

• Spirit Aero to be broken up as Boeing agrees $4.7 billion stock deal (RT)

• BlackRock to buy UK data group Preqin for $USD 3.2 bln (RT)

• $200m-a-year Opal HealthCare courts buyers; Morgan Stanley hired (AFR)

• Liverpool Partners hires Macquarie Capital for Seisma sale (AFR)

• Oaktree trading house squares off against shareholders for nickel mine (AFR)

• Google buys stake in Taiwan solar power firm owned by BlackRock (RT)

• Intesa Plans SRT Deals Tied to at Least €4.5 Billion of Loans (BBG)

• Meta Set for EU Warning Over Ad-Free Instagram, Facebook (BBG)

• GQG slashes tech exposure, here’s where it’s buying next (AFR)

Daily Picks

• New pilot programme aims to help whānau in need stay ‘warm and well’ over winter (Stuff)

• Man arrested after crashing allegedly stolen car into house, swimming away from police (9 News)

The Daily Deck is sponsored by Industrial Equity, LLC