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Wall Street plunges, CBA's bumper profit, Budget gets tick of approval

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Thursday 13 May 2021

The federal budget gets a broad tick of approval, with business leaders  exuberant about the tax cuts and spending. 

Also today:

  • Commonwealth Bank announces a bumper March quarter profit, off the back of higher business lending. 
  • Australia agrees to buy 25 million doses of the Moderna vaccine.
  • And the value of Australian farmland surges with big sales of properties underway.
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