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Australian sharemarket claws

Major ASX reaction to inflation data

New figures showing the strongest annual inflation growth rate in almost six years sent the ASX tumbling but it managed to claw back to finish flat.The Australian sharemarket yet again finished barely changed, with the benchmark index…

Second straight day ASX breaks records

The Aussie market’s stellar run continues, racking up its second successive day of fresh all-time highs despite resources sector weakness.The Australian sharemarket broke records for the second straight day despite resources stocks weighing…