EN
Open the app
Get the AIsier app Get it on Google Play

Australia's Market & Economic Decisions

Market-wide moves on the Australian Securities Exchange that come from inside Australia rather than from a single company: a Reserve Bank of Australia cash rate decision, a budget or political surprise, or a sudden swing in demand for its mining exports. On those days most Australian shares move together whatever the business does, and the Australian dollar often moves at the same time.

Dated events

  1. · Government plans a 40% tax on resource projects; mining shares fall sharply
    The resource tax was announced on Sunday, May 2, as part of a wider tax overhaul. Shares in the mining giants BHP Billiton and Rio Tinto fell sharply.
  2. · Surprise Coalition election win; Australian shares reach an 11-year high
    The government's re-election ended planned changes to dividend tax credits. Bank and health insurer shares led the market higher.
  3. · Reserve Bank of Australia raises the cash rate for the first time since 2010
    The central bank lifted the cash rate to 0.35% from its emergency low of 0.10%, the start of a series of increases.
  4. · Reserve Bank of Australia raises the cash rate to 4.10%
    The central bank raised rates again, saying inflation had passed its peak but at 7% was still too high.
  5. · Reserve Bank of Australia cuts the cash rate for the first time since 2020
    The central bank lowered the cash rate to 4.10% as underlying inflation eased.

Assets named in this scenario · 10

ANZ Group Holdings LimitedBHP Group LimitedCommonwealth Bank of AustraliaCSL LimitedMacquarie Group LimitedNational Australia Bank LimitedRio Tinto GroupWesfarmers LimitedWestpac Banking CorporationWoodside Energy Group Ltd

Recently triggered by news

Matched keywords: reserve bank of australia, rba cash rate, asx, asx 200, australian sharemarket, australian shares, australian stocks, australian dollar, aussie dollar, avustralya borsası, avustralya merkez bankası, avustralya doları

See how this scenario relates to your assets

Your portfolio, plain-language analyses, price alerts and the AIsier chat, together on your phone.

Get it on Google Play
App Store: coming soonContinue on the web

Free to download. AI analyses use credits; the app shows the cost before you start.

AIsier does not give investment advice. Every figure on this page is a measurement of past prices or a quote from a named source, never a recommendation to buy, sell or hold.