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BHP, Rio Tinto advance; EML plunges – Markets – The Australian Financial Review

Shares gain 0.7pc. Mainland China shares reopen higher, China services PMI tops forecasts. Iron ore futures higher, BHP up 3pc….

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Citi has taken a look at the Reserve Banks Financial Stability Review and says it presents a local financial system in good health, including a strong housing market, despite concerns about too much leverage.
RBA governor Philip Lowe has released the banks…

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