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AAP
AAP
Business
Derek Rose

Aust shares rebound, shrugging off hawkish rate talk

The big story on the ASX was the collapse of a merger talks between Woodside and Santos. (Steven Saphore/AAP PHOTOS)

The Australian share market has finished higher, rebounding from a two-day sell-off prompted by fears that interest rates won't fall as quickly as some had hoped.

The benchmark S&P/ASX200 index on Wednesday closed up 34.2 points, or 0.45 per cent, to 7,615.8, erasing most of its losses on Tuesday.

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