
Australian shares have fallen for a seventh straight session as sticky inflation made worse by the Middle East energy crisis rose to its highest rate in three years.
The S&P/ASX200 fell 23.7 points on Wednesday, down 0.27 per cent, to 8,687, while the broader All Ordinaries slipped 19.3 points lower, or 0.22 per cent, to 8,915.7.