Australian shares end 0.3% higher after RBA lifts cash rate to 4.60%
The RBA board lifted the cash rate to a 15-year high of 4.60%, with shares closing up 0.3% at 8,709.30; tech jumped 4.6% and miners rose 1.1%.
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ASX 200 Rises 0.3% at Finish
The ASX 200 rose 30 points, or 0.3%, to 8,709 on Tuesday, extending prior gains amid strength in consumer durables, tech, and manufacturing. Sentiment was supported by the Reserve Bank of Australia’s assurance that monetary policy remains well placed to respond to economic developments, with the board reaffirming its f