REA Group chief executive Owen Wilson is confident of a rebound in Australia's property market, led by the Sydney and Melbourne markets and banks again making it easier to access credit.
REA shares lifted 2.7 per cent on Friday afternoon as the News Corp-majority owned property classifieds and services business experienced a soft half-year due to weakness in the Australian market.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
