ASX VIDEO (29 November): Government rushes legislation

Market Update

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The Australian government is racing to pass key legislation before the Christmas break, aiming to secure a number of policy changes. 

Meanwhile, the ANZ (ASX:ANZ) has tempered expectations of an imminent interest rate cut. In a recent statement, the bank suggested that rates are likely to remain steady until at least May next year, citing ongoing inflationary pressures.

In corporate news, almond producer Select Harvests (ASX:SHV) has reported a full-year net profit of $1.5 million. This result, while modest, signals a recovery from recent challenges and provides a glimmer of hope for the agricultural sector.

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