Australia's $239 Billion Stock Rally Blasts Past Record High.

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    • Subject Terms:
      RESERVE Bank of Australia (Company) 948219324
    • Abstract:
      The article highlights the performance of Australia's stock market as of August, 2019. Topics discussed include S&P/ASX 200 Index reached its highest level, with increase in iron ore prices; decision by central banks to pull back on interest rate hikes around the world; and decisions of the Reserve Bank of Australia to allow back-to-back interest rate reductions in June and July.