Australian shares slip off record highs as banks and gold miners weigh

 


Australian shares started the week lower on Monday, led down by heavyweight banking and gold stocks, as investors brace for the domestic central bank's interest rate decision this week.

The S&P/ASX 200 index dropped 0.5% to 8,510.1, as of 1208 GMT. The benchmark had closed 0.4% higher on Friday, after hitting a record high of 8,615.20.

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