ASX Market Open: Deep (red) breath before Labor's 25/26 budget | March 24, 2025

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Australian shares are headed for a 0.3% decline when Week 13 trade begins today. The ASX 200’s impending 23.6-point loss – to around 7,898 – comes after the local bourse posted a top weekly gain last week. With uncertainty still reigning, however (even without Trump saying much in Week 12) a dip is no surprise.