ASX Preview: Australian Shares Set for Higher Open as Investors Await Reserve Bank Policy Decision

MT Newswires Live

2025/02/18

Australian equities are poised to open higher on Tuesday as investors look forward to a rate cut by the Reserve Bank later in the day.

The central bank will also provide its statement on monetary policy, and Governor Michele Bullock will hold a press conference starting at 3:30 pm Sydney time.

In corporate news, BHP (ASX:BHP) reported Tuesday that its earnings per diluted share in the fiscal first half rose to $0.869 from $0.183 per diluted share a year earlier.

Dexus (ASX:DXS) reported Tuesday that its funds from operations (FFO) per security in the fiscal first half fell to AU$0.314, compared with the prior year's AU$0.339.

Australia's benchmark index closed down 0.2% Monday to close at 8,537.10.

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