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Shares advance as retail, real estate stocks surge

NAB economists said the Reserve Bank has likely finished hiking and expects a cut next, helping rate-sensitive sectors lead the market higher.

Summary by PerthNow
Consumer-facing stocks, real estate trusts, financials and utilities are on the charge, as traders lean into the idea the RBA is done hiking interest rates.

3 Articles

PerthNowPerthNow
Reposted by
Michael WestMichael West
Center

Shares advance as retail, real estate stocks surge

Consumer-facing stocks, real estate trusts, financials and utilities are on the charge, as traders lean into the idea the RBA is done hiking interest rates.

·City of Perth, Australia
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Business NewsBusiness News

Shares lift as rate-sensitive stocks continue higher

Australia's stock market has snapped a three-session losing streak, as interest rate-sensitive stocks rallied on hopes the Reserve Bank is finished hiking rates.

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Michael West broke the news in Australia on Wednesday, June 10, 2026.
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