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Mortgage slump hits banks; Ozempic for PBS; climate change opens new shipping routes
Published 3 weeks, 2 days ago
Description
Tuesday 11 August 2026
Westpac warns of a slump in home loan applications on the back of tax changes, sending bank share prices and the ASX lower.
- Prime Minister Anthony Albanese and Opposition Leader Angus Taylor try to negotiate a deal on gambling advertising
- Treasury Wine Estates writes down its US business, again
- Weight loss drug Ozempic set to join the pharmaceutical benefits scheme
- How the war in the Middle East and climate change are combining to create new, faster shipping routes around the globe
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