Business
Bank stocks surge on lending laws plan, drive ASX higher – NEWS.com.au
Bank stocks surge on lending laws plan, drive ASX higher
The Australian share market was driven higher by big gains among bank stocks after the Federal Government announced it would loosen responsible lending laws as part of its economic recovery plan.The benchmark S&P/ASX200 closed in on the key 6000 point mark, finishing 1.51 per cent higher at 5964.9, while the All Ordinaries Index rose 1.39 per cent to 6140.5.
A positive overnight lead from the US, as investors become more optimistic about the possibility of a COVID-19 stimulus bill, helped t…
-
Noosa News10 hours agoWoman and two boys killed in Gladstone house fire identified
-
Noosa News9 hours agoADF soldier dies in vehicle rollover during Townsville training exercise
-
General23 hours agoFormer Alice Springs principal Gavin Morris guilty on four counts of aggravated assault against students
-
Noosa News12 hours agoSoldiers airlifted to Townsville University Hospital after ADF crash