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Australian Housing Shares Surge as Earnings Defy Property Slump

Bloomberg Markets Wednesday 19 August 2026, 00:51 UTC By Carmeli Argana 1 min read
Key Points

Shares of two of Australia’s largest property developers surged after stronger full-year earnings showed resilience in the face of a housing market downturn.

Shares of two of Australia’s largest property developers surged after stronger full-year earnings showed resilience in the face of a housing market downturn.
Australian Housing Shares Surge (ORG) Australia (LOCATION)
Originally published by Bloomberg Markets Read original →

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