Australian shares end lower after RBA decision; miners, banks drag - NewsBreak
By Merima in Business
Updated 2 years ago
* RBA keeps rates at record low, drops yield control. * Insurance Australia down 7% after flagging higher costs (Updates to close) Nov 2 (Reuters) - Australian shares fell on Tuesday, dragged down by banking heavyweights and miners, after the central bank abandoned an ultra-low target for bond yields and opened the door for an earlier interest rate hike.
