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Market Wrap PM

Australian shares are higher due to strong gains by the big four banks, positive offshore leads and higher commodity prices.

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Read more: EconomicsANZBHP BillitonCBACommonwealth BankFortescue MetalsIG market strategist Evan LucasMarket Wrap PMMr LucasNational Australia BankRio TintoSuncorp GroupTelstraWestpac