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Businesses absorbing fuel costs | Home price forecasts reviewed | Ferrari’s first EV


New ABS figures reveal 72 per cent of Australian businesses have been negatively impacted by fuel prices and supply availability but a large number haven’t passed those costs to consumers; Westpac has revised down its national home price expectations following interest rate rises and the Federal Budget’s tax reform; Ferrari unveils its first fully-electric car.

Ricardo Gonçalves breaks down the day’s financial news in On The Money.

#Apple #TimCook #EconomicGrowth #MiddleEast #USimports

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