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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.

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.

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.

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

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

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

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.

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.

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

Rates likely to go a lot higher yet
RESERVE Bank governor Glenn Stevens has delivered the first interest rate rise of the year and indicated there is more to come.

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

Building approvals slump
BUILDING approvals posted their first fall in five months as the first home buyers' grant was wound back and interest rates rose.

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.

Westpac, NAB follow suit on rates
UPDATE 3.46pm: ALL four of Australia's biggest banks have raised interest rate on home loans by 25 basis points.

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.

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