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RBA cuts GDP forecast; ResMed, REA fall on earnings – Markets – The Australian Financial Review
RBA cuts Dec 21 GDP forecast to 4pc from 4.75pc, Afterpay up 5pc, ResMed hikes dividend 8pc, REA Group profit up 18pc, Iron ore…
A strong recovery in the residential property market has driven growth at REA Group, with net profit climbing 178 per cent to $313 million.
REA Group, which is majority-owned by News Corp, reported 13 per cent growth in revenue to $927.8 million in the…
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