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Raiz surges 12% after announcing Seven West Media is making a strategic investment in the fintech company.

The Australian market has reversed Monday?s losses on Tuesday to trade more than 1% higher today so far, as Prime Minister Scott Morrison eased investor fears by saying the Omicron COVID-19 variant is not a reason to step back. Australia?s largest, mobile-first financial services platform, Raiz is surging more than 12% today after announcing a strategic investment by media giant Seven West Media. A spotlight on Collins Foods as the restaurant operations company is also rallying today after releasing strong first half results. A new app made by University alumni students, called ?Fethr?, is helping combat loneliness during the pandemic by matching students with other students to chat, meet, and do activities together.