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ASX finishes higher on RBA day; retailers and airlines soar, oil stocks slide

The Australian sharemarket finished its session higher after the Reserve Bank - as expected - raised interest rates to an 18-year record but signalled a wait-and-see approach to further tightening.

First reported by The Sydney Morning Herald 1 source
Image: The Sydney Morning Herald
Image: The Sydney Morning Herald
Read at The Sydney Morning Herald(opens in a new tab)

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  1. The Sydney Morning Herald

    ASX finishes higher on RBA day; retailers and airlines soar, oil stocks slide (opens The Sydney Morning Herald in a new tab)

    The Australian sharemarket finished its session higher after the Reserve Bank - as expected - raised interest rates to an 18-year record but signalled a wait-and-see approach to further tightening.