Live: ASX rises as Wall Street soars, home values record the largest decline on record

By Samuel YangNew figures released this morning show Australian home values have recorded their biggest and fastest drop on record.

This result breaks the previous record which was a similar-sized drop between October 2017 and June 2019.

Not for long, Australia will import 200,000 more people per year. BTW does Australia get any carbon credits for these extra comsumers of C02?

House prices momentarily down but the fruits of negative gearing benefiting investors using high interest payments to offset taxes and China gates reopened,the speculators will be back in no time. It has happened before

And Iranian botfest...

The Islamic Republic has opened fire on the people gathering in front of Rajai Shahr Prison to save the lives of MohammadGhobadlu and MohamadBroghani

The Islamic Republic has opened fire on the people gathering in front of Rajai Shahr Prison to save the lives of MohammadGhobadlu and MohamadBroghani

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The ASX ‘took quite a knock’ at end of 2022CommSec’s Tom Piotrowski says the thing that stands out when it comes to the local share market is the contrast between how it’s started the year and how it finished last year. “The market took quite a knock locally in the last several weeks of the old year and that was the case more broadly where stocks were concerned,” Mr Piotrowski told Sky News Australia. “But last week up by about a per cent, we’re going to be up by a per cent according to the futures when we get started this morning.” Presented by CommSec. Does that mean superannuation funds of the citizens also took a drastic loss?
Source: SkyNewsAust - 🏆 7. / 78 Read more »