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Australian shares dip as Westpac weighs on banks ahead of RBA decision

Australian shares slipped on Monday as losses in lender Westpac after its quarterly update weighed on financials, offsetting gains in miners ahead of the Reserve Bank of Australia’s policy decision. The S&P/ASX 200 index was down 0.5% at 9,220.30 points, as of 0057 GMT. The benchmark gained 3.2% last week. Risk sentiment roughened in a closely watched fiscal 2027 earnings season, with shares of…

Australian shares dip as Westpac weighs on banks ahead of RBA decision

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