The Australian share market has opened nearly two-thirds of a per cent higher.
At 1010 AEST on Wednesday, the benchmark S&P/ASX200 index was up 29.2 points, or 0.61 per cent, at 4843.6, while the broader All Ordinaries index was up 29.0 points, or 0.60 per cent, at 4823.6.
On the ASX 24, the June share price index futures contract was up 27 points at 4847, with 43179 contracts traded.

