Country: AU | Published: 2026-09-19
Australian shares look set for a cautious open, with the central bank's hawkish tone on inflation still weighing on rate-sensitive sectors like banks. The immigration crackdown sto
Australian shares look set for a cautious open, with the central bank's hawkish tone on inflation still weighing on rate-sensitive sectors like banks. The immigration crackdown story keeps expanding, now putting the wheat harvest at risk from worker shortages, a fresh reminder of labor tightness that keeps the rate debate alive. A central banker also flagged that the Middle East conflict has made Australians poorer, adding a consumer-spending angle to an already careful mood.