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Business news headlines - updated every hour.

TV-tractor tie-up tick
INVESTORS are now seeing that Kerry Stokes' proposed marriage of his TVs and his tractors is a win-win for both sets of shareholders.

Full head of steam
AUSTRALIA has produced another dazzling set of economic growth figures, vindicating this week's interest rate rise.

World envies Australia, says Swan
UPDATE 3.53pm: AUSTRALIA'S economic growth made us the envy of the developed world, according to Treasurer Wayne Swan.

Resources lead stock market higher
THE Australian share market closed higher today, supported by a buoyant resources sector and solid economic data.

Car buyers back in the market
THE number of vehicles sold in Australia rose 17.1 per cent in February as buyers returned to the market.

Tax law an ass: judge
THE furore over the proceeds of the $2.4 billion Myer float erupted again yesterday.

Back to normal transmission
SPENDING rose pretty much across the board in the Australian economy in the December quarter - powering the economy back to a 'normal' growth rate.

More than an air of mystery?
US RETAIL banking giant Wells Fargo has been causing a stir at Melbourne Airport, with at least three company jets landing in town last week.

How nine perished in fire
IT was the street of despair and the house of hell.

Stock at rock bottom
TELSTRA shares have hit an all-time low as the company reopens a long-running dispute over the planned national broadband network.

Qantas loses numbers man
QANTAS came under new pressure yesterday with the appointment of a former executive to head Virgin Blue and the sudden departure of its finance chief.

'How to read the way ahead'
THERE are a number of traps for the interest rate outlook in yesterday's essentially unremarkable Reserve Bank increase.

NBN fiasco worse than insulation
THE Rudd Government's crazy pursuit of a national broadband network and its associated attack on Telstra is getting extremely disturbing.

Commodity exports boost
EXPORT earnings from Australia's commodities are tipped to rise 15 per cent next financial year.

Tatts takes chance
TATTS Group has surprised investors by paying a premium price of $850 million for the NSW Lotteries rights.

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