Market Close 12 Aug 25: Rate cut drives ASX200 to a fresh record

It has been an interesting day for the Aussie market as the session got off to a timid start.  Steve joins us to reflect on the performance which picked up following the RBA decision to cut rates and sending the market to hit a new record high.  He discusses the RBA decision and what could be expected around further rate cuts, the big winners with Life360 and JB Hi-fi gaining attention, and he looks to the day ahead with US inflation data set to precede the opening of US markets, and more earnings data from stocks including CBA and Computershare. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.