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ABC News
ABC News
Business
business reporter Kate Ainsworth

ASX closes higher, Westpac shares jump as bank records $4 billion profit in half-yearly results — as it happened

Westpac ASX Kate Ainsworth

The Australian share market has closed higher after Westpac shares jumped after the bank posted a $4 billion profit in its half-yearly results — up 22 per cent compared to this time last year.

It comes as the federal government prepares to hand down its budget on Tuesday night.

Look back on the day's financial news and insights from our specialist business reporters on our live blog.

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