Coles boosted by its private label | Reece’s share price down the drain | Labor launches 5% home deposit scheme

Coles has seen its shares jump 8% after a big push in its home-brand products.

The country's largest supplier of plumbing and bathroom supplies - Reece’s - has seen shares flushed 21% after its profits plunge.

The Labor government has brought forward an expansion of its 5% home deposit scheme by three months.

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