
The Australian share market has finished modestly higher for a second day, as traders shrugged off an US inflation readout showing that consumer price increases still haven't been tamed.
The benchmark S&P/ASX200 index on Wednesday finished up 16.9 points, or 0.22 per cent, to 7,729.4, while the broader All Ordinaries rose 16.5 points, or 0.21 per cent, to 7,989.5.