Australian shares inched up on Thursday, mirroring regional gains after the U.S. Federal Reserve lowered interest rates as expected, but offered mixed signals on their next move, nudging markets to step cautiously.
State Bank of India (SBI) on Monday reduced the MCLR and interest rates on time deposits across all maturities.
Australian house prices boasted their biggest monthly gain since 2017 in August as the hard-hit markets of Sydney and Melbourne came roaring back on record low interest rates and looser lending rules.
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