SMH.com.au·4 min read·hard

ASX rises after Wall Street’s best day in six weeks; RBA chief’s inflation worry

A
Adrian Black, Morgan Reinwald
ASX rises after Wall Street’s best day in six weeks; RBA chief’s inflation worry
AI Summary

Australian markets remained flat as investors reacted to global economic concerns, including the war in Iran and a hawkish outlook from the Reserve Bank of Australia. While mining stocks showed resilience, banking and interest-rate-sensitive sectors declined amid inflation fears.

Why it matters

The report highlights the sensitivity of the Australian economy to global geopolitical instability and domestic monetary policy tightening.

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— 10:36am , first published September 18, 2026 — 5:18am

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Share A A A Australian shares have had a flat final session to end the week slightly lower, as the Iran war and a tightening global interest rate outlook kept investors subdued.

The S&P/ASX200 fell 1.2 points on Friday, down 0.01 per cent, to 8731.2, as the broader All Ordinaries gained 12 points, or 0.13 per cent, to 8922.9.

RBA governor Michele Bullock appeared before a parliamentary committee on Friday. Alex Ellinghausen The top-200 shed 0.11 per cent since Monday, in a fifth week of losses of the past six, making early August’s 9296.7 record high seem like a distant memory.

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