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Australian Markets maintain opening gains

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The Australian share market has risen on news the Greek parliament has approved a debt deal overnight, including new austerity measures.

The big banks led the charge, with Telstra not far behind.

Market heavyweight BHP Billiton was around 0.3 per cent higher, recovering from Wednesday falls after it announced writedowns of more than $2 billion.

KEY FACTS

* AT 1200 AEST, the benchmark S&P/ASX200 index was up 35.7 points, or 0.61 per cent, at 5652 points.

* The broader All Ordinaries index was higher 33.8 points, or 0.6 per cent, at 5652 points.

* The September share price index futures contract gained 34 points to 5618 points, with 15,734 contracts traded.

* At 1228 AEST, national turnover was 972 million securities worth $2.37 billion.