Business
As it happened: ASX closes 0.7% lower; RBA rethinks inflation outlook – The Sydney Morning Herald
The ASX closed 0.7 per cent lower, down 49.7 points to 7420.4, with all sectors lower aside from tech stocks.
The ASX sunk lower on Tuesday as it became clear the nations central bank was far more dovish than hawkish, leading to fears of price and earnings squeezes amid an inflation breakout.
The benchmark S&P/ASX 200 declined by 0.7 per cent to 7420.4 points,…
Continue Reading
-
General10 hours agoCampers evacuated, residents on alert as Moreton Island bushfire intensifies
-
Business18 hours agoBell Potter names the best ASX shares to buy in October
-
Noosa News22 hours agoResilience features in Sunshine Coast Open House
-
Noosa News17 hours agoPerth Royal Show vendors upset by price hikes, say crowds are down in 2025