Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?
Published . Updated .
Key takeaways
- Comparing Australia to other countries may not be much comfort but does offer some perspective on the economy Get our breaking news email , free app or daily news podcast Is Australia’s inflation problem worse than the rest of the world’s?
- Exposed: XLRE, XHB, EWA, BWX, EFA
- Market reaction: XHB +4.3% on the day (still updating); XLRE +1.3% on the day (still updating); LEN +7.9% on the day (still updating)
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Comparing Australia to other countries may not be much comfort but does offer some perspective on the economy Get our breaking news email , free app or daily news podcast Is Australia’s inflation problem worse than the rest of the world’s? A day after the Reserve Bank delivered its fifth interest rate hike for the year, increasingly stressed mortgage holders would be justified asking. Continue reading...
Directly affected
- No company is named in this report.
Indirectly affected
- XLRE Real Estate Select Sector SPDR+2.7% 30d
Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story.
- XHB SPDR S&P Homebuilders ETF+5.0% 30d
SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story.
- EWA iShares MSCI Australia ETF+2.2% 30d
iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australia”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia
- EFA iShares MSCI EAFE ETF-1.5% 9d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia
- PLD Prologis-3.7% 30d
Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
- DHI D.R. Horton+5.0% 30d
D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
- LEN Lennar+5.6% 30d
Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLRE | -3.55% | -1.16% | base | +1.33% | after close | after close | after close |
| XHB | -3.90% | -0.94% | base | +4.26% | after close | after close | after close |
| EWA | +1.62% | +1.58% | base | +2.32% | after close | after close | after close |
| BWX | +0.16% | +0.49% | base | +0.61% | after close | after close | after close |
| EFA | +0.59% | +0.25% | base | +2.12% | after close | after close | after close |
| PLD | -2.94% | -0.82% | base | -1.05% | after close | after close | after close |
| DHI | -1.58% | +0.55% | base | +7.25% | after close | after close | after close |
| LEN | -3.04% | +0.96% | base | +7.90% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Comparing Australia to other countries may not be much comfort but does offer some perspective on the economy Get our breaking news email , free app or daily news podcast Is Australia’s inflation problem worse than the rest of the world’s?…
Source: The Guardian
The price since 4 Nov 2026: Select Sector Spdr Tr (XLRE) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Spdr Series Trust (BWX) | that day | +0.61% | still updating |
| Spdr Series Trust (BWX) | three days earlier | +0.49% | final price |
| Spdr Series Trust (BWX) | five days earlier | +0.16% | final price |
| Horton D R (DHI) | that day | +7.25% | still updating |
| Horton D R (DHI) | three days earlier | +0.55% | final price |
| Horton D R (DHI) | five days earlier | -1.58% | final price |
| Ishares Tr (EFA) | that day | +2.12% | still updating |
| Ishares Tr (EFA) | three days earlier | +0.25% | final price |
| Ishares Tr (EFA) | five days earlier | +0.59% | final price |
| Ishares Inc Msci Australia Etf (EWA) | that day | +2.32% | still updating |
| Ishares Inc Msci Australia Etf (EWA) | three days earlier | +1.58% | final price |
| Ishares Inc Msci Australia Etf (EWA) | five days earlier | +1.62% | final price |
| Lennar (LEN) | that day | +7.90% | still updating |
| Lennar (LEN) | three days earlier | +0.96% | final price |
| Lennar (LEN) | five days earlier | -3.04% | final price |
| Prologis (PLD) | that day | -1.05% | still updating |
| Prologis (PLD) | three days earlier | -0.82% | final price |
| Prologis (PLD) | five days earlier | -2.94% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | that day | +4.26% | still updating |
| State Street Spdr S&P Homebuilders Etf (XHB) | three days earlier | -0.94% | final price |
| State Street Spdr S&P Homebuilders Etf (XHB) | five days earlier | -3.90% | final price |
| Select Sector Spdr Tr (XLRE) | that day | +1.33% | still updating |
| Select Sector Spdr Tr (XLRE) | three days earlier | -1.16% | final price |
| Select Sector Spdr Tr (XLRE) | five days earlier | -3.55% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. David J. Taylor bought Prologis (PLD), worth $1,001 - $15,000 on 15 Oct 2026. That is 20 days before publication. Filed 29 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Prologis (PLD) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 79 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Lennar (LEN) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Lennar (LEN), worth $15,001 - $50,000 on 28 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLRE)
Companies carried with this story
- XLRE Select Sector Spdr Tr
For “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?,” Select Sector Spdr Tr (XLRE) is linked, with no stored direction, medium confidence. Reason on file: Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
- XHB State Street Spdr S&P Homebuilders Etf
State Street Spdr S&P Homebuilders Etf (XHB) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?.” Reason on file: SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
- EWA Ishares Inc Msci Australia Etf
Ishares Inc Msci Australia Etf (EWA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?.” Reason on file: iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“australia”)
- BWX Spdr Series Trust
Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?.” Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia
- EFA Ishares Tr
In “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia
- PLD Prologis
In “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?,” Prologis (PLD) is linked, with no stored direction, medium confidence. Reason on file: Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story
- DHI Horton D R
In “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story
- LEN Lennar
Lennar (LEN) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?.” Reason on file: Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “mortgage” (real estate) in this story
Select Sector Spdr Tr (XLRE)
“Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?” (4 Nov 2026) reaches Select Sector Spdr Tr (XLRE) through this story.
The link for Select Sector Spdr Tr (XLRE) is this: Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
State Street Spdr S&P Homebuilders Etf (XHB) is here too. Its reason reads: SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story
Price levels for Select Sector Spdr Tr (XLRE)
EWA traded between 27.76 and 29.31 across 20 sessions. The latest close on file is 29.12. XHB traded between 91.93 and 104.89 across 20 sessions. The latest close on file is 101.97. XLRE traded between 40.28 and 43.70 across 20 sessions. The latest close on file is 43.64.
A simple score for Select Sector Spdr Tr (XLRE)
46 out of 100Price not final
“Australia has an especially bad inflation problem. So why are we only middle-of-the pack on the misery index?” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.