From handbags to home office expenses, tax experts have revealed the surprising deductions Australians frequently forget.

An utterly deranged 8000% pop, and sharp plummet, at little known ASX explorer Kaili Resources blew the lid off the market today.

The ASX has knocked off another intraday and closing high, continuing to demonstrate steady momentum across sectors.

A 400% increase to the Gecko Trend CuEq resource opens up the potential for CuFe to include gold, bismuth and silver revenue streams.