Monday 31 May 2021

The local share market has hit a record closing high with forecasts for more rises led by the big banks.

Also today:

• The number of COVID-19 cases climbs to 40 with restrictions to remain in place in Victoria.
• Tabcorp in the middle of a bidding war, with a $4 billion offer landing on Friday.
• And Australian considers taking China to the World Trade Organisation over wine.