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AAP
AAP
Business
Adrian Black

Australian shares hit seven-week high as streak goes on

Australian shares are mostly higher as inflation data looms that could make rate cuts more likely. (Paul Braven/AAP PHOTOS)

The Australian share market is trading at a seven-week high after posting a fourth-straight session of gains.

The S&P/ASX200 rose 73.5 points, or 0.92 per cent, to 8,070.6 on Tuesday for its best close since March 6, as the broader All Ordinaries gained 84 points, or 1.02 per cent, to 8,287.9.

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