Overnight news from the US revealed that the US economy grew by only 1.6 per cent in the September quarter which was down on the June figure of 2.6 per cent and the 5.6 per cent from the March quarter. Residential construction has fallen more than 17 per cent during the third quarter although new home sales increased by 5.3 per cent on the back of the largest discounts in prices for more than three decades. https://www.financialstandard.com.au/feed/latest?story=15177 en-AU Copyright 2026 Financial Standard 5