The Aussie market enjoyed a stellar start to the new trading week, boosted by solid corporate earnings and easing concerns over Europe's debt crisis.

Resource stocks led the market's advance, with BHP and Rio Tinto jumping more than 4% each.

Lower bullion prices hurt the domestic gold miners; Newcrest was a casualty (-0.8%) despite reporting a 63% surge in full year profit.

Leighton buoyed the industrials sector (+8.3%) after flagging a return to profit in FY12. However, UGL lost 1.9% after its FY11 profit missed guidance.

Most of the big four strengthened, although CBA declined 2.4% after going ex-dividend.

The ASX 200 soared 110 points (+2.6%), settling at 4283.