Realestate.com.au's rental revenue | Baby Bunting big blues | Airbnb's returning to its roots

What the Flux

REA Group, the owner of Realestate.com.au, has seen a 24% jump in revenue for the first quarter, after a large rise in residential listings in Sydney and Melbourne.

Baby Bunting, Australia’s largest baby retail chain, has seen its shares drop more than 22% after concerns around cost-of-living pressures for their customers.

Airbnb’s shares dropped 8% last week after it warned investors about its second quarter performance… and its new focus on experiences.

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