Business
Optimism federal budget will stimulate economy push Aussie shares higher – NEWS.com.au
Optimism federal budget will stimulate economy push Aussie shares higher
The Australian share market soared higher as investors pinned their hopes on the stimulus effect of this weeks federal budget.The S&P/ASX200 finished 2.59 per cent higher at 5941.6 while the All Ordinaries Index jumped 2.54 per cent to 6135.1.
“The futures market was suggesting a gain of more than one per cent in opening trade – that’s been easily eclipsed,” CommSec analyst Tom Piotroswki said.
“This is clearly making up for the weaker result that we saw on Friday when the market fell by 1…
-
Noosa News22 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General20 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain
-
Noosa News22 hours agoSchoolgirls hit by fishtailing car in terrifying crash in Bellbird Park, Ipswich
-
General23 hours agoMan dies at shopping centre car park at Charlestown following reports of assault