0119 GMT - Macquarie analysts see further earnings risks for Australian classifieds providers given the backdrop of rising local interest rates. They worry that interest-rate hikes in response to inflationary pressures including from fuel could put pressure on listings volumes at employment marketplace Seek and News Corp-controlled real-estate advertiser REA. They add that a stronger Australian dollar would also be a headwind for vehicle advertiser CAR Group, which has operations in the U.S., South Korea and Brazil. Looking to the broader debate over the potential impacts of artificial intelligence, they warn against expecting near-term cost reductions from automation. Any savings will probably be reinvested, they add. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 10, 2026 21:19 ET (01:19 GMT)
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