Australian shares gain as miners rise, banks fall

Major miners rose while big banks fell during trade on the Australian share market. (Dan Himbrechts/AAP PHOTOS)

The Australian share market has edged higher as the rotation continues from Australia's expensive retail banks to its cheaper major miners.

The benchmark S&P/ASX200 index on Tuesday finished up 9.0 points, or 0.1 per cent, to 8,677.2, while the broader All Ordinaries gained 15.3 points, or 0.17 per cent, to 8,941.5.