Penry Buckley | WAtoday

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Penry Buckley is a reporter at The Sydney Morning Herald.

ASX closes at record high on rate cut hopes

ASX closes at record high on rate cut hopes

The Australian sharemarket has risen after tech stocks drove a rally on Wall Street amid expectations that long-sought cuts to interest rates will be arriving soon.

  • by Penry Buckley

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ASX jumps as inflation data soothes rate fears

ASX jumps as inflation data soothes rate fears

Investors responded positively to the latest quarterly inflation figures, taking the local market back above 8000 points.

  • by Penry Buckley