ASX to rise; Synlait inks $271m sale; health stocks in focus

When Reserve Bank of Australia governor Michele Bullock fronts the media this week to answer questions about the central bank’s interest rate decision, strategists expect her communication to be less definitive.

The shift in the RBA’s messaging will likely signal that rate cuts may be further off than traders had anticipated.

Analysts at bank Nomura and asset manager GSFM said they expected the central bank to be less dovish because inflation developments had become more adverse since the RBA’s last meeting in August, when Bullock appeared more comfortable about inflation and the jobs market.

Source: https://www.afr.com/markets/equity-markets/asx-to-rise-rba-in-focus-20250928-p5myht