Qantas reveals results, NAB CEO says recession unlikely

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Qantas reveals results, NAB CEO says recession unlikely
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ASX 200: +0.3% to 7,170 pointsDow Jones: +0.5% to 34,472 pointsEuroStoxx 50: +0.2% to 4,266 pointsIron ore: +2.3% to $US113.20/tonneASX 200 up at midday after overnight gains on Wall StreetAustralia's stockmarket has lifted in morning trade, with the key ASX 200 index upOf the 200, shares in 139 companies have gained in value, 11 are flat and 51 have lost value.+0.2% or 15.1 points to 7,382.

is affecting Australia's housing sector. Record low rental vacancy rates and double-digit growth in asking rents speak to the intensity of pressures. Unfortunately, most indicators suggestwith additional supply unlikely to come onto the rental market anytime soon."

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