ASX Climbs to Record High as REA Group's Profit Surges — as It Happened

Australian shares ease back from record highs

The local bourse is consolidating a day after soaring to new all-time highs, but modest profit-taking indicates there could be further upside ahead.

ASX climbs to record high as REA Group's profit surges — as it happened

The Australian share market has risen to its highest level ever despite falls on Wall Street overnight, while REA Group and News Corp reveal significant profit increases, driven by more property listings. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

Should you buy REA Group shares for the record final dividend? Here’s Macquarie’s recommendation

REA Group Ltd (ASX: REA) shares enjoyed a big lift on Wednesday, closing up 6.9% at $254.50 apiece. Investors were piling into the S&P/ASX 200 Index (ASX: XJO) online property listings company following the release of its full-year FY 2025 results. As you can probably guess by yesterday's price action, those results were strong. Today, there looks to be some profit-taking going on, with REA Group shares down 2.6% in morning trade, changing hands…

REA Group’s stellar financial year 2025 and record dividends, but…

REA Group, the company behind realestate.com.au, has, perhaps unsurprisingly for those who have followed our commentary here at the blog, delivered another impressive financial performance, this time for the 2025 fiscal year (FY25). Record dividends and robust growth have been recorded despite the ongoing market challenges with respect to residential property listings. Outgoing CEO, Owen Wilson, crowned his career at REA with a final dividend of…

REA Group spikes over 6% intraday after chalking up strong results win

REA Group (ASX:REA) charged as much as +6.6% higher in intra-day trade after investors reacted positively to the company’s strong results announced today. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. The Australian company notched up $1.67 billion in revenue for FY25, a stellar 15% increase, and posted a net profit of $564 million, up a s…

REA Group’s Australian Revenue Surges 14% In FY25

REA CEO Owen Wilson will be dressing like Zoolander on the back of these results.