#ASX: The 9,000 countdown has begun.On August 7, 2025, the #ASX index surged to an all-time high of 8,856.9 points , driven by a rare mix of catalysts: soaring gold prices lifting major miners, expectations of simultaneous easing by the RBA and the Fed boosting bank and media-tech stocks, and steady demand for iron ore and base metals pushing BHP, Rio Tinto, and Fortescue higher. A global “risk-on” sentiment amid falling U.S. yields and short-covering added extra fuel.
Five key drivers that could push the #ASX to new heights:
1. China’s 2025 infrastructure push: Beijing is preparing an expanded lending package for transport and energy projects. This fuels iron ore and copper imports — directly boosting revenues for BHP, Rio Tinto, and Fortescue, which make up ~25% of the index.
2. Gold rally continues: The expected Fed rate cut in September pressures U.S. yields and supports gold prices. Even a move toward $3,500/oz could revive Northern Star, Evolution, and Newmont, adding dozens of points to the index.
3. Dovish RBA + weak AUD: Further rate cuts by the Reserve Bank of Australia (with AUDUSD staying below 0.64) make domestic loans cheaper while increasing export margins for resource and agri stocks.
4. Green metals boom: Rising global demand for lithium, nickel, and rare earths for batteries and renewables is driving up valuations of Pilbara Minerals, IGO, Lynas, and others — boosting the materials sector’s contribution to index growth.
5. Housing sector reversal: Lower mortgage rates and tax breaks for first-home buyers are lifting transaction volumes and online demand via REA Group. Rising home prices traditionally ignite banking and construction stocks, creating a multiplier effect on the index.
#ASX has already climbed near the top — and it has at least five major “boosters” for another rally. According to FreshForex , the index could break above 9,000 even faster if three extra catalysts come into play:
1. Superannuation fund inflows shift toward equities, adding long-term capital.
2. Buybacks and M&A by giants like BHP and Commonwealth Bank reduce float and boost EPS.
3. A fresh IPO wave of lithium and AI startups injects new tech momentum.
