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The big banks and lithium miners helped the ASX200 jump another 0.36 per cent on Tuesday, despite sharp losses by the energy sector and James Hardie Industries.
The Australian share market has started the week up 0.6 per cent, with the mining sector enjoying its best performance in a month amid China reopening rumours.
Westpac has posted an annual profit of $5 billion-plus and says while interest rate rises will bite, many customers remain ahead on their mortgage repayments.
Australian mining expertise and minerals are in demand in a world hungry for energy as executives gather for their biggest conference since the pandemic.
Australian shares have climbed 1.65 per cent, with all sectors gaining ground after the RBA announced a rate increase that was in line with expectations.
The local share market has finished down 0.9 per cent, with big losses for the mining giants after government statistics showed a drop in iron ore exports.
New laws will give workers more power to request flexible working hours while introducing controversial changes to open the way to widespread multi-employer bargaining.
The largest survey of airborne electromagnetic data has been collected across Western Australia to help unlock its resource potential and aid in the hunt for rare earth materials.