Country: AU | Published: 2026-09-20
Australian markets look set for a softer open, with rising oil prices and bond yields weighing on Wall Street overnight and feeding into local risk sentiment. Rate hike fears are s
Australian markets look set for a softer open, with rising oil prices and bond yields weighing on Wall Street overnight and feeding into local risk sentiment. Rate hike fears are showing up in the housing market, with home auction clearance rates falling as buyers turn cautious ahead of the central bank's September decision. Political pressure is building on cost-of-living fronts too, with the opposition proposing a fuel excise cut while longer-term concerns about an aging population shape the policy debate.