Australia's share market has ended the session higher after cooler than expected inflation data took the pressure of the Reserve Bank to hike the interest rate for a fourth straight meeting.
The S&P/ASX200 rose 59.9 points on Wednesday, up 0.69 per cent, to 8,717.7, as the broader All Ordinaries improved by 62.5 points, or 0.7 per cent, to 8,945.1.
Interest rate-sensitive stocks led the gains after an unexpected dip in April headline inflation and a soft jobs report last week likely gave the RBA room to keep rates on hold at 4.35 at its June meeting.
