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October 29, 2026

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Aussie market lifts on banking gains | 7NEWS


The Australian share market rose half a percent, driven by strong gains from major banks which increased at least two percent. Property giant Goodman Group performed well on AI enthusiasm, while miners ended their three-session winning streak and retailers faced pressure. West Farmers warned of slowing Bunnings sales growth ahead of crucial Black Friday and Christmas trading periods, with a potential rate hike threatening household budgets.

This market update is sponsored by CommSec.

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