With unemployment low, any drop will be muted.
Regarding our house prices, whilst the government maintains high immigration it will provide support/demand to house prices. This has been the case since borders re-opened in 2022.
But if unemployment rises, then immigration needs to fall, and house prices will fall on lower demand.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16507
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,285.2 | 8,224.0 |
| XJO (ASX) Chart |