Australian share market suffers $25 billion loss as 'war, inflation, rate hikes' hit global markets - ABC News


5/9/2022 12:00:00 AM2 years 11 months ago
by ABC News

The Australian share market loses almost $25 billion as it follows Wall Street's dive on concerns about looming rate hikes causing a global economic slowdown.

The Australian share market has lost $25 billion as it follows Wall Street lower on concerns about rate hikes triggering a global economic slowdown. Key points: