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Lower peak cash rate projections fuel rally

RBA governor Philip Lowe soothed equity markets when he hinted that the pace of tightening will slow, prompting a broad drop in bond yields.

RBA interest rates: Bond yields climb as higher rates in sight

Economic growth buoyed by booming energy exports and robust consumer spending has paved the way for the RBA to tighten policy further as it fights inflation.

FIVE at FIVE AU: GDP grows by 0 9%; energy stocks get smashed and Emperor Energy Ltd talks East Coast gas dilemma

FIVE at FIVE AU: GDP grows by 0 9%; energy stocks get smashed and Emperor Energy Ltd talks East Coast gas dilemma
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