Australian shares gain as RBA governor flags inflation risks
The S&P/ASX 200 rose 0.3% to 8760.6 points. Mining stocks tracked stronger commodity prices as the RBA governor warned inflation risks were materialising, while traders stayed positioned for further tightening later this month.
Australian shares rose on Friday, supported by mining stocks as commodity prices strengthened, while the central bank governor said inflation risks were materialising and traders kept bets on further tightening later this month. The S&P/ASX 200 index ASX:XJO gained 0.3% to 8760.6 points as of 0…