Australian shares rallied, pushing through the key 5800 mark on the ASX200.
At the close, the index was at 5,821.20, up 74.50 points or 1.30%.
The rise defied a weak Wall Street where blue chip shares fell overnight, leaving the S&P500 down 0.1%.
The major banks led the way with the Commonwealth 2.2% higher at $85.26, Westpac 2% at $34.70, the NAB 1.9% to $32.84 and the NAB 1.5% to $31.94.
BHP added almost 1.5% to $23.90 and Rio Tinto 1.5% to $59.93.
“This is the most bullish sentiment we’ve seen this year so far,” says Gary Huxtable at Atlantic Pacific Securities.