Highlights: Australia’s S&P/ASX 200 Index finished lower over the month masking positive performance from seven out of 11 underlying sectors. Information Technology (-10.4%), Materials (-4.3%) and Consumer Discretionary (-3.2%) were the major laggards. Inflation remains a concern in the USA, with the 8.5% annual rate being the highest level since December 1981. The Russian war…

At its meeting today, the Board decided to: increase the cash rate target by 25 basis points to 35 basis points increase the interest rate on Exchange Settlement balances from zero per cent to 25 basis points. The Board judged that now was the right time to begin withdrawing some of the extraordinary monetary support that was put in…