Country: AU | Published: 2026-09-18
Australian shares appear headed for a steadier open, with the central bank governor's warning that inflation risks are materialising keeping rate-sensitive names like banks on the
Australian shares appear headed for a steadier open, with the central bank governor's warning that inflation risks are materialising keeping rate-sensitive names like banks on the cautious side. The immigration crackdown story keeps widening, with industry groups now flagging risks to the wheat harvest from worker shortages, reinforcing the picture of a labor-tight economy where the rate debate stays live. Meanwhile, local data-center play IREN climbed after an analyst lifted its price target, with the CEO citing strong demand even as the financials draw scrutiny.