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Evening Report: Aussie Shares Slump To 4-Year Lows

The Aussie market fell by 3.4% on Thursday, hitting a four-year low with energy stocks down 7%, while airlines and retailers fell heavily. The RBA cut interest rates by 25bps as expected and announced other measures to support the economy.

The Aussie market fell by 3.4% on Thursday, hitting a four-year low with energy stocks down 7%, while airlines and retailers fell heavily. The RBA cut interest rates by 25bps as expected and announced other measures to support the economy.

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