Australian equities advanced on Friday, with the S&P/ASX 200 index rising 1% to close at 9,052.70.
The rally was broad-based but anchored by significant gains in the banking and mining sectors, which have been the primary drivers of market momentum in recent weeks.
The index is now on track to record a fourth straight monthly gain, extending a period of sustained outperformance for the Australian market.
The move follows a strong week for Australian stocks, which closed their best performance in three months earlier in the session.
The S&P/ASX 200 had previously advanced to its highest level in nearly a month, supported by robust investor appetite for financials and resources.
The continued strength in these heavyweight sectors suggests that domestic economic resilience and commodity demand remain key underpinnings for the market.