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RBA live updates: Interest rate hike expected from Reserve Bank, ASX set to rise after Wall Street climbs as oil prices ease

The Reserve Bank is almost universally tipped to raise interest rates again this afternoon. A rally on Wall Street is likely to send Australian stocks higher. Follow the latest updates in our live blog. "Back in the 1970s, when the oil shocks sent seismic waves through the global economy, Australian workers held the whip hand during pay negotiations and there was industrial turmoil. "Strikes were rampant and businesses had little option but to cave ... [1247 chars]

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