I agree with Telstra.
Also You could also look at
..ALN (alinta) 5.4% f/f,
..APA (Aust Pipeline Trust) 8.3% unfranked,
..PPX (Paperlinx) 5.6% 50% franked,
..and if you don't mind a bit of risk ION 6.6% f/f on a very low PE of 7.38 and way down from its highs.
Here is a site where you can find lists of shares by stating what criteria you are interested in:
http://investor.ninemsn.com.au/investor/Shares/finder/default.asp
Good luck
whats your fav high dividend stock??, page-3
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