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← SBS News In Depth
Nearly $60bn wiped from ASX as housing values tumble artwork

Nearly $60bn wiped from ASX as housing values tumble

SBS News In Depth
12:48
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Show notes

The Australian sharemarket has worst day since March as the property correction deepens Australia’s housing downturn deepened in September, but what does the shift mean for buyers and sellers? SBS Finance Editor Ricardo Gonçalves speaks with Cotality Research Director Tim Lawless about the latest property trends, before Vantage Australia Senior Market Analyst Hebe Chen explains the sharemarket sell-off that wiped nearly $60 billion from the ASX 200. SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives. Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts. For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

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