Banks prop up Australian market as residential construction tumbles | Finance Report

Share the News



Australian shares have closed lower, with sharp falls for healthcare and mining stocks, as investors piled into the big four banks. Meanwhile, residential construction has dipped since the start of COVID-19, with the Government considering housing grants to prop up the industry.

Read more here: https://www.abc.net.au/news/2020-05-27/mining-and-health-care-drag-asx-down-despite-bank-surge/12289752?section=business

For more from ABC News, click here: https://ab.co/2kxYCZY
You can watch more ABC News content on iview: https://ab.co/2OB7Mk1

Subscribe to us on YouTube: http://ab.co/1svxLVE
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews

source