Australian shares rose on Thursday, after the US Federal Reserve raised interest rates and signalled one more rate hike later this year.
The S&P/ASX 200 Index climbed 0.41%, or 35.90 points, to close at 8,732.40.
Overnight on Wall Street, the S&P 500 and the Dow Jones Industrial Average fell 0.5% and 1.2%, respectively. The US Fed raised interest rates by 25 basis points, the first hike in over three years.
Brent crude oil futures fell to trade around $105 per barrel after Saudi Arabia reportedly offered additional crude cargoes through Oman.
On the domestic front, advertised salaries in Australia recorded a 0.3% month-on-month increase in August, softening slightly after accelerating a little in June and July, according to the SEEK Advertised Salary Index.
Australia's job ads rose 0.5% month-on-month in August, marking the first increase in more than a year and offering early signs of stabilization in the labor market, although they remained 4.5% below the level a year earlier, SEEK said.
In company news, CSL's (ASX:CSL) board acknowledged shareholder frustration over the company's "disappointing" commercial and financial performance, saying it aims to win back their trust by delivering results. CSL leadership is "acting with urgency" to address these issues through a strategy to invest in the core of its plasma business, with only selective investment beyond that area.
MA Financial Group (ASX:MAF) acquired a 50% interest in Melbourne's Glen Shopping Center for AU$327.5 million through a managed fund, taking its retail property transactions to AU$500 million in the second half.
Charter Hall Group (ASX:CHC) entered into a new investment partnership with Japanese real estate group Tokyo Tatemono and UBS Asset Management for a portfolio of industrial and logistics assets across Australia's east coast with an end value of AU$1.2 billion.