Country: AU | Published: 2026-09-17
Australian shares ticked higher, with banks doing most of the lifting as the US Federal Reserve raised rates and the dollar firmed. The IMF flagged that Australia may need further
Australian shares ticked higher, with banks doing most of the lifting as the US Federal Reserve raised rates and the dollar firmed. The IMF flagged that Australia may need further interest rate increases to tame inflation, keeping rate sensitivity in focus for households and lenders alike. Meanwhile, the government unveiled a migration overhaul, including tighter rules barring foreign students from bringing partners and children, a shift with implications for universities and labor supply.