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Michael Wilson on the business world today

Wednesday 6 Feb 2013 8:19 a.m.

World share markets have rallied strongly this morning after big falls yesterday.

Across the Tasman the Australian Reserve Bank has kept interest rates on hold, and in a cost-of-living index Sydney has come out as the third most expensive city in the world - while Auckland is 19th.

Business editor Michael Wilson looks at the business world today.

Watch the video.

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