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What we learnt: The ASX giants sweating on rate cuts

Dexus, Challenger and Judo Bank are hoping for a boost from rate cuts, while HMC Capital has plenty of balls in the air.

Key Points

The big result | Dexus chief executive Ross Du Vernet is growing increasingly confident that the worm is turning in the commercial property market – and an interest rate cut is just the thing to start the upswing.

Du Vernet is in the midst of a program to sell $2 billion worth of assets across the 2025, 2026 and 2027 financial years to recalibrate his office and industrial portfolios to the most valuable parts of the market.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/what-we-learnt-the-asx-giants-sweating-on-rate-cuts-20250218-p5lcyw