Oil Hits $100, ASX Braces for 1% Drop, and Victoria's Integrity Crossroads

Oil surges above $100 a barrel as the US-Iran war escalates, Wall Street slides, and the ASX is poised to fall 1% at the open. High-end property prices in Sydney and Melbourne drop more than 10%, while affordable homes hold steady. Victoria's parliament faces a critical moment to reform its integrity commission.

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ASX Futures Down on Oil Spike and Wall Street Decline

• What happened: ASX futures point to a 91-point loss (1%) after Wall Street fell and...