Researchers at Domain say the profit boom of the past decade is starting to show early signs of weakness. Stephanie Youssef spoke to Domain's Chief of Economics and Research, Nicola Powell.
Property market signals
According to Domain, the prolonged period of property profit growth may be losing momentum. Nicola Powell provided insights into the emerging trends affecting homeowners and investors.
ASX surges on global optimism
Meanwhile, the ASX closed at its highest level since March, surging 1.4%, after a healthy rally on Wall Street. US President Donald Trump's comments - that negotiations to end the Iran war and open the Strait of Hormuz had resumed - triggered a heavy bout of risk-on sentiment.
Clive Maguchu, senior strategist with State Street Investment Management, spoke to Rena Sarumpaet about the market movements.