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Economics

Shares higher on US rate outlook

The Australian share market is higher as investors return to high yield stocks, including the major banks.

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Read more: Fed,  Telstra,  Wesfarmers,  Woolworths,  ANZ,  BHP Billiton,  CMC Markets,  Coles,  Commonwealth Bank,  Economics,  Federal Funds Rate,  Fed rate returns,  Fortescue Metals,  Friday,  National Australia Bank,  Ric Spooner,  Rio Tinto,  US Federal Reserve chair Janet Yellen,  US rate outlook,  Westpac