The easing of responsible lending laws saw the banks back in favour with investors helping the ASX 200 to a 1.5% gain - a podcast by ausbiz

The easing of responsible lending laws saw the banks back in favour with investors helping the ASX 200 to a 1.5% gain. Westpac was also helped by the settlement of its anti-money laundering case with Austrac - despite the $1.3 billion bill being the biggest fine in Australian corporate history. It led the way with a 7.4% surge, followed by NAB (up 6.86%), ANZ (up 6.3%) and CBA (up 3%). Miners were also up. S&P futures are up as well indicating another positive night ahead on Wall St. Have a great weekend!

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