What we learnt: Zip’s bad debt beating, Bunnings turns the screws | Stock of the day: Zip | Zip…

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What we learnt: Zip’s bad debt beating, Bunnings turns the screws

Reporting season’s biggest day undid market favourites Zip and Lovisa, but heavyweights Wesfarmers and Telstra flexed their cost muscle.

The big result: Payments group Zip Co takes the cake on a stunning day for results, overshadowing top-20 names Telstra, Wesfarmers, Goodman Group and Transurban.

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