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Economy Economy

Australia’s Housing Slump Wipes $128 Billion Off Top Two Markets

Source: bloombergMarkets June 24, 2026 · 22:44
Australia’s housing downturn has wiped A$185 billion ($128 billion) off the value of the nation’s top two markets so far this quarter, a result that’s likely to weigh on the wealth effect that underpins consumer spending across the economy.
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