Average price paid by first home buyers dropped to lowest level in almost a year in July

Lower wholesale electricity prices drive 50% profit drop for Genesis Energy, despite 14% rise in operating earnings to $518 million

US data mixed although durable goods orders positive; Meta concedes child harm, to pay large penalty; China rolls out support financing; Australia inflation falls less than expected; UST 10yr at 4.67%; gold dips and oil firm; NZ$1 = 59.4 USc

New mortgage borrowing in July slipped to lowest monthly level since February, falling 13% or almost $1.2 billion year-on-year as investors retreat