Australian shares choppy amid inflation warning
The Australian share market experienced a choppy trading session on Wednesday, with tech and resource stocks declining while banks and telcos gained ground. A Reserve Bank official's warning about higher than expected inflation raised the possibility of a future rate hike. Notable movers included Northern Star and Beach Energy rising on quarterly results, while NextDC plunged after cutting its profit forecast due to power supply delays at a Melbourne data centre. This market update is sponsored by CommSec.
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