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RBA Rate Hike, House Prices Fall, Westpac Earnings Miss: Australia Briefing

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For three decades, the one trade every Australian could memorize was “buy property in Sydney.” Now it’s falling apart. This is what ZeroHedge writes, and we’ll cut to the chase: That’s the gist of a Bloomberg article from this summer, titled “One of the World’s Longest Housing Booms Hits Sydney,” which at the time seemed like a bit of a …

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Zero Hedge broke the news in Sofia, Bulgaria on Sunday, November 1, 2026.
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