Australian shares close 0.4 pct higher

Australian shares have closed at a fresh nine-month high a day ahead of official inflation data on hopes that a peak in interest rates is nearing. The benchmark S&P/ASX200 index closed 33.1 points, or 0.44 per cent higher, at 7490.4 on Tuesday.  The broader All Ordinaries gained 36.3 points, or 0.47 per cent, to 7,710.5. […]

This post was originally published on Michael West.