The Australian share market rallied on the back of optimism about the state of the global economy. -AAP Image
The Australian share market has rallied to another record high amid renewed optimism about the state of the global economy.
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The benchmark S&P/ASX200 index gained 65.6 points, or 0.79 per cent, to 8,318.4 on Tuesday, its first finish ever over 8,300.
The broader All Ordinaries gained 69.1 points, or 0.81 per cent, to 8,598.6.
The Australian dollar, meanwhile, was at a one-month low against its strengthening US counterpart, buying 67.08 US cents, from 67.32 US cents at Monday's stock market close.
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