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Rates, Housing Slump Threaten Australia’s Upbeat Profit Outlook
Australia's resilient earnings outlook may face challenges due to interest rates and a housing slump, as major companies report on navigating a fragile economy during the August results season.
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Adjacent reporting
- Australia’s Housing Slump Wipes $128 Billion Off Top Two Markets
- Australian home prices fall as experts predict slump could last a year and cut values by 10%
- PEP Firms Sweeten Loan Terms as Volatility Hits Riskier Debt
- Jim Chalmers is putting a positive spin on the economy, but is the outlook for Australia grim?
- Australian house prices are falling but have still more than doubled over the past decade
- Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried