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…
-
Business24 hours agoWhy this fantastic blue chip ASX 200 share could rise 20%
-
General23 hours agoAlbanese government to freeze construction code until 2029, fast-track housing approvals
-
General16 hours agoPhotographers reveal iconic image of Gough Whitlam and Vincent Lingiari was posed on Wave Hill Walk-Off anniversary
-
Noosa News14 hours agoDog daycare program a TikTok hit for helping disabled find work, friends