Market Close 20 May 25: Aussie stocks lift after rate cut

The Aussie share market rebounded on Tuesday, rising 0.7% after breaking a nine-month winning streak, with 10 of 11 sectors posting gains. The Reserve Bank of Australia delivered its second rate cut of 2025, lowering interest rates by 25 basis points to 3.85% — the lowest level since May 2023. Looking ahead, earnings from James Hardie, New Farm, Webjet, and Seek are in focus, with international eyes on Canada’s inflation data and Home Depot results.