Australia’s Housing Slump Wipes $128 Billion Off Top Two Markets
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.
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.
Full article body is being fetched in the background. Refresh in a moment to see the complete paragraphs. For now this page shows a summary and AI analysis.
