Australian market trades higher
The Australian stock market was trading higher Wednesday, following a triple-digit gain on Wall Street overnight on the back of a bigger-than-expected interest rate cut by the US Federal Reserve.
Aust shares post gains by noon Updated: 13:01, Tuesday March 19, 2013 The Australian share market was higher at noon as traders decided they had over-reacted to Europe's debt problems on Monday and recovered some of their losses.