Adairs, Fortescue Metals Group, South32 and WH Soul Pattinson

While no one was looking, rising commodity prices were generating rising tax revenue.

Our high conviction ASX100 stock picks this month

In this "Election" budget the government has played a relatively safe hand. The anticipated personal income tax cuts were handed down as was the small business instant asset write-off extension. Thankfully, changes to superannuation were kept to a minimum.

Australian shares sit close to their 2018 highs, but valuations look a little stretched versus tepid profit growth. We see the most compelling opportunities among the major banks, healthcare, energy and telcos.

Shine Corporation, Lendlease Group, Reliance Worldwide and Imdex

Bapcor, Domino's Pizza, Suncorp and Baby Bunting

Lots of upside upon successful execution

Recent KFC Australia data-points show that the KFC brand continues to perform well domestically

We view any short term share price weakness as an opportunity for long term investors