Record Highs

Australia's second largest bank, Westpac (ASX:WBC) has announced a record profit of $6.35 billion. Australia's top four banks have announced a record combined annual profit of $21.3 billion, from $14.5 billion last year.

Westpac Dividends

BHP shares have hit record high at all the major stock exchanges including ASX and NY Stock exchange. BHP Billiton witnessed a jump of nearly 4 percent after rumours hit the market about undisclosed Chinese interests to hold stakes in the company. The intraday trading of shares witnessed a surge of $50 today amidst strong speculations. BHP Billiton shares opened 4 percent higher at $49.95 before reclining back $1.56 or 3.25 percent at $49.54 by 10 am.