The Australian sharemarket advanced in early trade, boosted by energy stocks after a strong result from local oil giant Woodside Energy, shrugging off a mixed finish on Wall Street.

Australia’s share market has started the new week higher, as BHP and the materials sector hit record highs.

US stocks rose and trimmed their losses from a shaky week. That was even though the bond market, which has been the centre of Wall Street’s action, remained jumpy and continued to…