Australian Stocks On Wednesday

A late rally in the aftermath of the budget and it was a very solid performance spurred on by gains in BHP Billiton Limited (A$38.30, +0.9%), Telstra Corporation Limited (A$5.28, +0.6%) and the mighty Commonwealth Bank of Australia (A$80.89, +1.2%) which looks on track to make a profit of $9bn this year and pushed to an all-time high.

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