FEAR & GREED | Business News Afternoon Report | ASX hits another record
5 snips
Feb 26, 2026 Markets hit fresh highs with tech leading gains after a blockbuster chipmaker report. Major miners and healthcare stocks made notable moves while airlines and steel firms slipped. Central bank comments on inflation and the labour market shaped policy expectations. Diplomatic families were advised to leave a volatile region as geopolitical tensions rose.
AI Snips
Chapters
Transcript
Episode notes
ASX Record Fueled By Tech And Miners
- ASX 200 hit fresh record driven by tech and miners, rising to 9,175 points and passing 9,200 intraday.
- Xero +8.6%, Megaport +12.6%, Technology One +6% and BHP +2.2% highlighted the sector-led surge.
RBA Says Policy Choices Are Finely Balanced
- RBA Governor Michelle Bullock says inflation isn’t 'taking off again' but remains slightly elevated with underlying inflation at 3.4%.
- She warned decisions are finely balanced as employment is 4.1% and the bank seeks clearer communication.
RBA Urges Patience While Data Is Assessed
- Be patient: the RBA calls for patience while the board weighs risks to price stability and the labour market.
- Bullock emphasised using data to cast forward rather than reacting to single readings.