Australian market set to open higher

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The Australian market is set to open modestly higher on Tuesday, as Wall Street rose to another record high.

At 0659 AEDT on Tuesday, the March share price index futures contract was up five points at 5,159.

In economic news on Tuesday, National Australia Bank releases its business survey for February.

The market on Monday closed higher, with the benchmark S&P/ASX200 index up 23.5 points to 5,146.9 and the All Ordinaries added 22.7 points to 5,160.2 points.

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