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ASX retreats as energy shares slump; Nick Scali tanks; Westpac axes jobs

Marcus Chen
Managing Editor · Thursday, October 22, 2026 at 7:01 AM · 1 min read
ASX retreats as energy shares slump; Nick Scali tanks; Westpac axes jobs — Sydney Morning Herald Business, Sydney Business news
Image: Sydney Morning Herald Business

The Australian sharemarket declined on Thursday, as shares in furniture retailer Nick Scali plummeted after a profit warning.

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