Australia's REA Group rises most in over 2 weeks after resolving ACCC concerns

Rea

14/09/2026 04:54

** Shares of Australia's REA Group REA.AX rise as much as 3.1% to A$159.240, their biggest intraday gain since August 28
** Digital advertising company's stock snaps a five-session losing streak
** REA said it has reached an agreement with Australia's competition regulator, ACCC, resolving concerns over its dealings with real estate agents
** Under the agreement, REA will not require agencies to advertise all or most of their property listings on realestate.com.au 
** Co says ACCC has not taken legal action against it and there has been no finding of wrongdoing
** YTD stock down 14.4%, including the session's moves
     

(Reporting by Paridhi Minda in Bengaluru)
((Paridhi.minda@thomsonreuters.com;))