Ignoring new records on Wall Street overnight, the Australian sharemarket wobbled in early trade, led lower by banks and property trusts.

Ignoring new records on Wall Street overnight, the Australian sharemarket wobbled in early trade, led lower by banks and property trusts.

Australian shares reversed early losses, closing 0.7% higher after a softer inflation report tempered interest rate hike bets. Financials, real estate, and consumer discretionary…

The ASX is set to open higher amid muted trading on Wall Street after a day of records; oil fell more than 5 per cent. Follow updates here.