Country: AU | Published: 2026-09-17
Australian shares appear set for a soft open as the IMF's call for possible further rate rises keeps rate-sensitive sectors like banks under pressure, with a major investment bank
Australian shares appear set for a soft open as the IMF's call for possible further rate rises keeps rate-sensitive sectors like banks under pressure, with a major investment bank also flagging another US Fed hike. A housing slowdown is expected to weigh on growth, which could ease pressure on the Reserve Bank. Canberra's continued tightening of student and backpacker visas remains a headwind for universities and labor supply.