Australia Briefing

The Winners and Losers From Australia’s Rocky Results Season

Stock information reflected in a window at the Australia

Photographer: Lisa Maree Williams/Bloomberg

Good morning, it’s Keira here in sunny Sydney. These are the top stories you need to know this morning...

Today’s must-reads:
• ASX earnings expectations slip
• NZ eases foreign housing ban
• Albanese downplays protests

Earnings expectations for Australia’s biggest companies are slipping after a bleak reporting season that jolted shares. Winners during this earnings season include retailers and domestic property companies, while CSL and companies with large exposure to the US housing market were notable losers.