Australia Stock Market Today: ASX 200 Falls Again as Inflation Shock Puts RBA Back in Focus
Australia’s share market finished in the red on Wednesday, dragging the S&P/ASX 200 down to levels last seen almost four weeks ago. A spike in inflation kept traders fixated on the Reserve Bank of Australia’s looming rate call. The benchmark gave up 23.7 points, or 0.27%, to close at 8,687—marking its seventh consecutive decline, the longest such streak since mid-2022.