When they closed in the Europe,London's FTSE 100 was at 27 points higher,In fact,the Dax has a very good day into the week,up to a 136 points.Across the Atlantic,in the state,the Dow finishing at 59 points .the S and P 500 and the Nasdaq also rising.

And the Australian currency is worth,let's take a look,close to 92.5 US cents,and 55.5 British pence.

Treasurer Joe Hocky says he's won the support of his state counterparts for the mass privatization of government's own assets.in exchange for federal funding for new roads,ports and rail lines.Mr Hocky says treasurers have backed his plan to recycle infrustracture capital,by building new assets,funded by the sale of the old ones,but he is warned everyone would be required to help his physical repair job,another hints there will be widespread spending cuts in May's budget.