Business
As it happened: ASX closes 0.6% higher; Westpac drops 7.4% – The Sydney Morning Herald
The S&P/ASX 200 rose 0.6%, up 47.1 point to 7370.8 with financials the only sector in negative territory, dragged down by Westpac….
Reserve Bank of Australia chief Philip Lowe faces a major communications challenge on Tuesday as speculation mounts he will scrap a bond-yield target after the central bank allowed a market selloff to continue without defending it.
Speculation is growing…
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