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RBA holds fire; energy stock sell-off

RBA holds fire; energy stock sell-off

Despite solid gains by the gold miners, a sell-off in energy stocks – fuelled by a continued decline in oil prices – has dragged the Australian sharemarket. For more, Stephanie Youssef spoke with Jonathan Shead, Head of Investment at State Street Investment Management. Plus, the Reserve Bank left interest rates unchanged at 3.6 percent, as expected, at its September board meeting. For more, Stephanie Youssef spoke with Pradeep Philip from Deloitte Access Economics.

SBS News In Depth · SBS Audio

September 30, 202513m 59s

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Show Notes

Despite solid gains by the gold miners, a sell-off in energy stocks – fuelled by a continued decline in oil prices – has dragged the Australian sharemarket. For more, Stephanie Youssef spoke with Jonathan Shead, Head of Investment at State Street Investment Management. Plus, the Reserve Bank left interest rates unchanged at 3.6 percent, as expected, at its September board meeting. For more, Stephanie Youssef spoke with Pradeep Philip from Deloitte Access Economics.