29 September 2026, 03:50  Australia: Shares Subdued Ahead of RBA Rate Call.

Australian stocks were almost flat, hovering around 8,674 on Tuesday morning deals after logging modest gains in the prior session. Strength in consumer durables, tech, and manufacturing was offset by weakness in commercial services, utilities, and energy minerals. Traders are awaiting August household spending later today, after a third straight month of increases in July, while inflation figures are also due in the coming days. On the monetary front, the Reserve Bank will deliver a policy decision later today, with markets expecting a further tightening following three hikes since the start of the year as inflation remains sticky. On Wall Street, equities ended lower overnight amid rising U.S. Treasury yields and volatility from geopolitical tensions and higher oil prices. Top movers included Codan Ltd. (16.4%), South32 Ltd. (2.6%), and Nextdc Ltd. (1.2%). On the downside, Greatland Resources (-2.3%), Cochlear Ltd. (-2.0%), and Regis Resources (-1.2%) underperformed.

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