Australian shares rose 1.53 per cent on Thursday on broad-based gains as investors remained calm about fears Greece would leave the Euro.

The S&P/ASX 200 index increased 84.136 points to 5,599.800 at the close of trade, its third day of gains. The benchmark had climbed 1 per cent on Wednesday.

New Zealand’s benchmark NZX 50 index climbed 0.81 per cent or 47.12 points to finish the session at 5,841.70.