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Miners surge, banks falter as inflation cools

Miners gained on record copper, nickel, and gold prices while banks fell after inflation eased to 3.4%, reducing near-term rate hike expectations, ASX 200 rose 0.15%.

Australia’s share market finished in the green on Wednesday, with record breaking commodity prices and a cooler than expected inflation reading helping to lift most sectors.

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PerthNow broke the news in City of Perth, Australia on Wednesday, January 7, 2026.
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