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Tuesday, February 12
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Rudd says sorry for 'grief, suffering'
DETAILS of Prime Minister Kevin Rudd's apology to Australia's stolen generation for their "profound grief, suffering and loss" have been revealed.
Nine to appeal as judge bans Underbelly
CHANNEL 9 will appeal against a decision to ban crime drama Underbelly from airing in Victoria until after a gangland murder trial.
Tony Abbott has a Corey moment
FORMER federal health minister Tony Abbott has had his own "Corey Worthington" moment after police were called to shut down his daughter's 15th birthday party.
Aussie warship, aircraft land in Dili
AUSTRALIAN troops are arriving in East Timor for a two-day state of emergency after a double assassination attempt that left its president with triple gunshot wounds.
Post-natal killer gets nine years
A VICTORIAN woman who was suffering post-natal depression when she stabbed her former partner to death has been sentenced to nine years in jail.
Thirty-eight rescued from stricken yachts
ALL 32 passengers have been safely winched from a stricken yacht that got into trouble in heavy seas and strong winds off the north Queensland coast.
Three avoid custody over sex DVD
THREE youths have been spared time in custody over their roles in the infamous Werribee sex DVD.
Jetstar and Tiger launch fare war
JETSTAR and Tiger Airways opened a new front in the airline price war today, releasing fares from as low as one cent for interstate flights.
Teen crash driver 'flying'
A DRIVER says she saw Mildura crash driver Thomas Towle "flying" down the middle of a country road at up to 160km/h before the crash that killed six teenagers, a court has heard.
Schools to stop for sorry day
EXCLUSIVE: ALL Victorian schools have been urged to watch the historic apology to stolen generations and fly the Aboriginal flag tomorrow.
Reserve Bank's grim rates warning
HOMEOWNERS are staring at the prospect of two more interest rate rises after the Reserve Bank delivered its bluntest warning on inflation.
Packer drawn into casino row
CROWN casino owner James Packer has strongly rejected allegations he authorised cash payments that were then passed on to a banned pathological gambler.
New synchrotron facility to aid cancer research
A NEW $10 million research facility that could provide a breakthrough in cancer treatment is set to be built at the Australian Synchrotron.
Housing affordability plunges again
HOUSING affordability has continued its downward spiral, sinking almost 2 per cent in the final three months of last year to yet another record low.
Politicians welcomed to Canberra
POLITICIANS and dignitaries have gathered in the centre of Parliament House today for the first-ever indigenous welcome.
US president condemns Timor attacks
US President George W Bush has condemned the assassination attempt on East Timor President Jose Ramos-Horta.
Teen murdered as children slept
AN 18-year-old man murdered during an alleged home invasion in Sydney was shot dead in a house where five children were sleeping.
Paintings worth $180m stolen
FOUR paintings by Cezanne, Degas, Van Gogh and Monet stolen from a Zurich museum are valued at more than $A180 million, police said.
Peninsula public demand more police
A MEETING will be held on the Mornington Peninsula this morning to discuss what locals say is a critical shortage of police in the area.
9/11 attack accused face death
THE death penalty is being sought against six alleged 9/11 co-conspirators in the US, including Khalid Sheikh Mohammed, the self-confessed mastermind of the attack.
Woman critical after being hit by bus
POLICE are appealing for witnesses after a 79-year-old woman was left fighting for her life after being hit by a bus in Melbourne's east yesterday afternoon.
In-car parking meter on trial
NEW in-car parking meters, which could lead to savings on parking meters and reduced parking fines for motorists, are being trialled in Victoria.
Underbelly threatens trial
AN upcoming trial for a man accused of murdering a gangland figure is at risk of being abandoned if the drama series Underbelly goes to air, a judge has said.
Tent city gathers to hear sorry
CANBERRA'S Aboriginal Tent Embassy has swollen into a tent city as people arrive for the historic parliamentary apology to the stolen generation.
Teachers will strike out working parents
KATE Dunn will be taking Thursday off work to look after her daughter, who will be home from school because of a teachers' strike.
Jake Kovco's suicide thoughts
JAKE Kovco confided in a woman with whom he had an affair that he "thought about shooting himself in the head" after being molested by a neighbour, his inquest heard yesterday.
John So ad blitz draws ire
A TV advertising campaign featuring Melbourne Lord Mayor John So will cost the city's ratepayers more than $1.4 million.
Girl sends message to wire vigilante
LITTLE Shayla Hart has a message for whoever strung fence wire across a bike path so that it ripped into her throat and flung her from her bike - the police will catch you.
Cop sought sex from P-plater
A TRAFFIC cop has admitted asking a young female motorist for sexual favours in return for not giving her a ticket. He pleaded guilty to seeking a bribe from the P-plate driver.
GG outlines Rudd government priorities
GOVERNOR-General Michael Jeffery today outlined the Rudd government's priorities for its first term in office as part of the official opening of federal parliament.
Victoria News
Student impaled by glass, dies at uni
A US student who died after crashing through the glass door of a university dormitory in Bendigo had been completing a degree in safety studies.
Teen crash driver 'flying'
A DRIVER says she saw Mildura crash driver Thomas Towle "flying" down the middle of a country road at up to 160km/h before the crash that killed six teenagers, a court has heard.
Three avoid custody over sex DVD
THREE youths have been spared time in custody over their roles in the infamous Werribee sex DVD.
Post-natal killer gets nine years
A VICTORIAN woman who was suffering post-natal depression when she stabbed her former partner to death has been sentenced to nine years in jail.
New synchrotron facility to aid cancer research
A NEW $10 million research facility that could provide a breakthrough in cancer treatment is set to be built at the Australian Synchrotron.
Cop sought sex from P-plater
A TRAFFIC cop has admitted asking a young female motorist for sexual favours in return for not giving her a ticket. He yesterday pleaded guilty.
Peninsula public demand more police
A MEETING will be held on the Mornington Peninsula this morning to discuss what locals say is a critical shortage of police in the area.
Girl sends message to wire vigilante
SHAYLA Hart has a message for whoever strung wire across a bike path so that it ripped into her throat and flung her from her bike - the police will catch you.
Woman critical after being hit by bus
POLICE are appealing for witnesses after a 79-year-old woman was left fighting for her life after being hit by a bus in Melbourne's east yesterday afternoon.
Swerved to save kids in Mildura
MILDURA crash driver Thomas Towle told his family he hit and killed six teenagers after swerving to avoid another group of children, a court heard yesterday.
Pup flung 20 floors in fight
A MAN who threw a chihuahua pup 20 floors to its death has avoided an immediate jail term. He tossed the dog from the balcony of a 21st-floor apartment.
Packer drawn into casino row
CROWN casino owner James Packer has strongly rejected allegations he authorised cash payments that were then passed on to a banned pathological gambler.
Dylan Nish back fighting for life
DYLAN Nish, the brave little Melbourne boy who became Victoria's first live liver-transplant recipient, was back in hospital last night fighting for his life.
Doctor drought hits hospital
A DOCTORLESS hospital was unable to treat patients over the weekend, forcing paramedics to spend hours travelling back and forth to Melbourne.
Net way to beat Underbelly ban
VICTORIAN internet users won't have to wait long to see illegal versions of the Nine Network's crime TV series Underbelly, despite a court order banning its showing in the state.
Nine to appeal as judge bans Underbelly
CHANNEL 9 will appeal against a decision to ban crime drama Underbelly from airing in Victoria until after a gangland murder trial.
Forgiveness has God on its side: study
PEOPLE who believe in God or a new-age spiritual force are less likely to hold a grudge, a study of Australians has found.
Underbelly threatens trial
AN upcoming trial for a man accused of murdering a gangland figure is at risk of being abandoned if the series Underbelly goes to air, a judge has told a court.
Teachers will strike out working parents
KATE Dunn will be taking Thursday off work to look after her daughter, who will be home from school because of a teachers' strike. More than 25,000 teachers will strike.
Tent city gathers to hear sorry
CANBERRA'S Aboriginal Tent Embassy has swollen into a tent city as people arrive for the historic parliamentary apology to the stolen generation.
Jake Kovco's suicide thoughts
JAKE Kovco confided in a woman with whom he had an affair that he "thought about shooting himself in the head" after being molested, his inquest has heard.
Melbourne is the city of love
IF you want romance on Valentine's Day, look no further than Australia's own city of love - Melbourne. And that's not a parochial opinion. It comes from online accommodation website Wotif.com
It's not Kenny's cup of tea
AUSTRALIA'S favourite porta-loo cleaner flushed with colour as he enjoyed a spot of pre-Valentine's Day lingerie shopping yesterday dressed in his trademark overalls, boots and cap.
Two beers cost manager job
A SUPERMARKET manager sacked for having two beers at lunch has lost a bid to be reinstated. The Industrial Relations Commission has dismissed an appeal by Tony Selak.
Retired detective relives murder horror
THE horror of seeing the electrocuted and bashed bodies of the Crawford family lives on in the mind of the first homicide squad detective to see them in 1970.
Remand on yard body
A MAN who allegedly killed his partner and buried her in their garden has appeared in court. Anthony Sherna is charged with the murder of his de facto partner Susanne Wild.
Let's run gauntlet through your locks
HAIRCUTS from David Anthony are more a hair-raising experience. For six years the Moonee Valley snipper has carved up the competition in nightmarish style.
In-car parking meter on trial
NEW in-car parking meters, which could lead to savings on parking meters and reduced parking fines for motorists, are being trialled in Victoria.
Liberals, Nationals join forces
THE Victorian Liberal and National parties will fight the 2010 election as a single team after the first Coalition in eight years was formed.
Woman charged with murder
A WOMAN with chronic schizophrenia appeared in Melbourne Magistrates' Court yesterday charged with the stabbing murder of a 71-year-old woman, whose body was found on Sunday.
John So ad blitz draws ire
A TV advertising campaign featuring Melbourne Lord Mayor John So will cost the city's ratepayers more than $1.4 million. The ads began late last year.
Apology worthy but too late, too costly
PEOPLE in the western suburbs had mixed reactions yesterday to tomorrow's parliamentary apology to the stolen generation.
Parents fear bed shortage at RCH
THE father of a boy requiring treatment at the the Royal Children's Hospital believes the new building won't have the space to meet growing demand - while the size of a shopping mall on the site has doubled.
National News
Jetstar and Tiger launch fare war
JETSTAR and Tiger Airways opened a new front in the airline price war today, releasing fares from as low as one cent for interstate flights.
Explosion rocks shopping centre
A FIRE in a shopping centre has turned into a comedy of errors with disgruntled customers reluctantly stopping their shopping to evacuate the complex and a fire engine's hose cut in half by a passing motorist.
Thirty-eight rescued from stricken yachts
ALL 32 passengers have been safely winched from a stricken yacht that got into trouble in heavy seas and strong winds off the north Queensland coast.
GG outlines Rudd government priorities
GOVERNOR-General Michael Jeffery today outlined the Rudd government's priorities for its first term in office as part of the official opening of federal parliament.
Discount speculation, Kovco jury told
A JURY has been told to disregard speculation that Private Jake Kovco was shot by a fellow soldier.
Teen murdered as children slept
AN 18-year-old man murdered during an alleged home invasion in Sydney was shot dead in a house where five children were sleeping.
Shopping price probe
A PROBE into soaring supermarket prices has been launched by the consumer watchdog.
Indian cricket on Channel 10
CRICKET fans will be able to watch a match every night for more than a month on free-to-air TV after Channel 10 completed an audacious deal to broadcast the Indian Premier League.
First ratings wicket to Nine
AFTER struggling last year Channel 9 is off to a flying start in the Melbourne ratings, hitting a six with a proven performer - the cricket.
Schools to stop for sorry day
EXCLUSIVE: ALL Victorian schools have been urged to watch the historic apology to stolen generations and fly the Aboriginal flag tomorrow.
Tent city gathers to hear sorry
CANBERRA'S Aboriginal Tent Embassy has swollen into a tent city as people arrive for the historic parliamentary apology to the stolen generation.
Rudd says sorry for 'grief, suffering'
DETAILS of Prime Minister Kevin Rudd's apology to Australia's stolen generation for their "profound grief, suffering and loss" have been revealed.
Nine to appeal as judge bans Underbelly
CHANNEL 9 will appeal against a decision to ban crime drama Underbelly from airing in Victoria until after a gangland murder trial.
Tony Abbott has a Corey moment
FORMER federal health minister Tony Abbott has had his own "Corey Worthington" moment after police were called to shut down his daughter's 15th birthday party on the weekend, when 200 gatecrashers showed up.
When viewers screamed Blue Murder
BACK when Carl Williams was just a blip on the police radar, another underworld drama was making headlines for all the wrong reasons.
Sorry promises healing for all
TOMORROW'S apology to the Aboriginal stolen generations promises the healing of a "running sore", Catholic Archbishop Mark Coleridge said today.
Aussie warship, aircraft land in Dili
AUSTRALIAN troops are arriving in East Timor for a two-day state of emergency after a double assassination attempt that left its president with triple gunshot wounds.
Forgiveness has God on its side: study
PEOPLE who believe in God or a new-age spiritual force are less likely to hold a grudge, a study of Australians has found.
Politicians welcomed to Canberra
POLITICIANS and dignitaries have gathered in the centre of Parliament House today for the first-ever indigenous welcome.
Last member of Great Escape dies
BILL Fordyce, the last surviving member of the 'Great Escape' died at the weekend, shortly before his 94th birthday.
Reserve Bank's grim rates warning
HOMEOWNERS are staring at the prospect of two more interest rate rises after the Reserve Bank delivered its bluntest warning on inflation.
Jake Kovco's suicide thoughts
JAKE Kovco confided in a woman with whom he had an affair that he "thought about shooting himself in the head" after being molested by a neighbour, his inquest heard yesterday.
Apology worthy but too late, too costly
PEOPLE in the western suburbs had mixed reactions yesterday to tomorrow's parliamentary apology to the stolen generation.
Ramos-Horta a visionary and my mate
YOU never know who you might meet in a pub. Especially a revolutionary with an Afro haircut, a man with a far vision in his eyes and passion in his deep voice.
Danger on the streets of Dili
THE first sign of trouble came at 7.45am when I heard police sirens. Until then the only sirens I had heard came from the taxis and the tiny buses plying the streets.
World News
Fire suspect has arson record
A MAN who admits torching South Korea's foremost historical landmark has a record of arson at cultural sites, police said today.
9/11 attack accused face death
THE death penalty is being sought against six alleged 9/11 co-conspirators in the US, including Khalid Sheikh Mohammed, the self-confessed mastermind of the attack.
Paintings worth $180m stolen
FOUR paintings by Cezanne, Degas, Van Gogh and Monet stolen from a Zurich museum are valued at more than $A180 million, police said.
Authorities 'ignored' kidnap clues
THE Austrian woman who spectacularly escaped from a man who'd kidnapped her as a 10-year-old girl wants justice for the authorities' failure to find her earlier.
Boy, 16, dies after 44 tequila shots
TWO bartenders have been convicted of grievous bodily harm by a Berlin court for serving at least 44 shots of tequila to a 16-year-old German boy who died after the binge.
China backs ban during Olympics
OLYMPIC organisers said yesterday they backed a ban on political protests by athletes attending this year's Beijing Games, amid uproar over an effort to silence British athletes.
Arrests over plot to murder cartoonist
SEVERAL people were arrested in Denmark today in connection with a plot to murder one of the 12 cartoonists whose drawings of the Prophet Mohammad caused worldwide uproar in 2006, Danish media said.
Suharto heirs 'must defend corruption'
A $US1.5 BILLION ($A1.66 billion) civil suit against former Indonesian President Suharto for corruption must now be defended by one of his six children following his death last month, a Jakarta district court said today.
Nuclear experts kidnapped in Pakistan
TWO Pakistani nuclear energy officials have been abducted by masked men from a troubled northwestern area near the Afghan border, police said today.
Ambassador goes missing in Afghanistan
PAKISTANI authorities are searching for the country's missing ambassador to Afghanistan after he was feared abducted in a troubled tribal area where Taliban militants are active.
'Whites to be US minority' by 2050
"WHITE" Americans will become a minority in the United States by 2050, with immigrants driving most of the population growth.
Search for rampaging lizard called off
PAPUA New Guinean authorities have called off a four-day "Komodo hunt", believing reports of an escaped Komodo Dragon could be a hoax.
Russian bombers 'buzzed' US aircraft carrier
- Russian bombers felt need for speed
- One did a fly-by of US aircraft carrier
- Tailed by US fighters the whole time
Four arrested for spying for China
FOUR people were arrested in the United States today on charges of spying for China in two separate cases, including one involving the US space shuttle, the Justice Department said.
Bartenders guilty of binge-drink death
TWO bartenders were convicted of grievous bodily harm by a Berlin state court today for their role in serving at least 44 shots of tequila to a 16-year-old German boy who died after the drinking binge.
Student shoots classmate in cafeteria
A 17-YEAR-OLD student was critically wounded and another arrested after a school shooting in Memphis overnight, the latest of a slew of high-profile shootings across the US.
Cops launch search for missing supermodel
POLICE divers are searching for one of the first African women to attain stardom as a supermodel, amid fears that she fell into the Seine in Paris after a heavy drinking session.
Captured diary lists al-Qaeda disarray
A CAPTURED diary and a letter written by leaders of al-Qaeda in Iraq show the organisation in "extraordinary crisis" after last year's mass defection of ordinary Sunnis to the US military "created panic, fear and the unwillingness to fight" in the terror group.
Top Taliban commander captured, wounded
PAKISTANI forces captured and wounded a top Taliban commander overnight, while Islamabad's ambassador to Afghanistan was feared abducted in a troubled tribal border region, officials said.
Archbishop 'clumsy' over Islamic law storm
ARCHBISHOP of Canterbury Rowan Williams defended his right to raise sensitive issues such as Islamic law in Britain but said overnight his handling of the matter may have been clumsy and misleading.
70,000 pilgrims descend on sacred Lourdes
ABOUT 70,000 Catholic pilgrims descended on Lourdes overnight for a mass commemorating the 150th anniversary of a series of visions of the Virgin Mary by a young French shepherdess.
9/11 mastermind faces execution
THE Pentagon is seeking the death penalty for the alleged mastermind and five others involved in the September 11, 2001, attacks.
Alleged spy lost on death row for 35 years
A PAKISTANI minister said he had discovered an alleged Indian spy who has languished on death row in Pakistan for the last three and a half decades.
Death penalty sought for 9/11 mastermind
US military prosecutors will file charges against the alleged mastermind of the September 11, 2001 terror attacks and five other Guantanamo prisoners and will seek to execute them if they are convicted, officials involved in the process said.
Iran 'won't back down' over nuclear power
YOU'RE either with Iran or against Iran, said President Ahmadinejad as he launched a tirade against the West and his domestic critics.
Air boss jailed for murder
AN Indonesian court yesterday sentenced the former boss of flagship carrier Garuda airlines to one year in jail for helping murder a prominent rights activist.
Writers strike a new deal
STRIKING Hollywood writers could be back at work by Thursday after union leaders endorsed a new contract to settle the bitter three-month dispute that has crippled Tinseltown.
Loved landmark in ashes
A 600-year-old wooden gateway in central Seoul, listed as South Korea's top national treasure, has been destroyed, possibly by an arsonist.
Struggling Clinton axes campaign boss
HILLARY Clinton has replaced her top campaign manager as she braces for another round of defeats to Democratic presidential rival Barack Obama.
Sports News
Injured Powell pulls out of GP
WORLD 100 metres record-holder Asafa Powell has pulled out of Saturday's Sydney grand prix meeting with a cut on his left knee.
Bulldogs Hilton project proposal
THESE are the first images of a $25million project code-named the ``Bulldog Hilton'' to be built at the Edgewater precinct in Maribyrnong.
Keenan assured with Victory future
ENGLISH wing back Joseph Keenan has been assured of his future with Melbourne Victory, despite being left out of the club's Asian Champions League squad.
Williams sister enigma
SERENA Williams and her sister Venus are the greatest enigma in the women's game, according to former world No. 1 Chris Evert.
Kearney aims to restore pride for NZ
NEWLY appointed New Zealand coach Stephen Kearney has revealed his first move as Test coach will be restoring pride in the Kiwi jersey.
County sides fearful of IPL
ENGLISH county cricket bosses are predicting the worse as a tug of war emerged over the services of Shane Warne, Jason Gillespie and Justin Langer.
Top Aussie umpire may join IPL
INTERNATIONAL cricket is facing an umpiring crisis after it was revealed the world's best adjudicator is considering walking away from the game.
Hendrix to miss Dragons last match
IMPORT Bakari Hendrix has probably played his last game for the South Dragons after being suspended by the NBL Tribunal.
Day secures top-10 finish
JASON Day took another confident step in his rising career, securing his first top-10 finish in a PGA Tour event and his biggest pay day yesterday.
Indian cricket on Channel 10
CRICKET fans will be able to watch a match every night for more than a month on free-to-air TV after Channel 10 completed an audacious deal to broadcast the Indian Premier League.
Karlsruhe keeps Aiken guessing
DAVID Aiken admits he has a soft spot for his much-improved pacer Karlsruhe.
Cooper lands aerial skiing win
AUSTRALIA'S Jacqui Cooper stamped her mark on the new Winter Olympics venue with a World Cup aerial skiing win in Vancouver yesterday.
Offenbach wins Hobart Cup
A HORSE rejected by some of racing's biggest players scored a brilliant all-the-way win in the $400,000 Hobart Cup (2200m) yesterday.
CEO bet in false name
IN A major embarrassment to Racing Victoria Ltd, chief executive Stephen Allanson has been caught betting using a nom de plume.
Wrestling mystery
AUSTRALIA is poised to field a female wrestler at the Olympics for the first time - but might have to fight an international political battle to get her to Beijing.
Skate severs player's artery
FLORIDA Panthers National Hockey League player Richard Zednik required lifesaving surgery after a teammate's skate severed his carotid artery during a match.
India bat in rain-hit match
SRi Lankan captain Mahela Jayawardene has won the toss and sent India in to bat in the rain-reduced one-day international in Canberra.
Special Reports
Beijing 2008
Wrestling mystery
AUSTRALIA is poised to field a female wrestler at the Olympics for the first time - but might have to fight an international political battle to get her to Beijing.
China backs ban during Olympics
OLYMPIC organisers said yesterday they backed a ban on political protests by athletes attending this year's Beijing Games, amid uproar over an effort to silence British athletes.
Leigh Paatsch Reel Review
Joy Division
THE surprisingly chipper recollection of Curtis's surviving fellow personnel shows it was not all darkness and misery in the Joy Division camp.
Fool's Gold
WITH Fool's Gold, Matthew McConaughey's slow devolution into the happy-go-lucky himbo of every red-blooded woman's dream is now complete.
Heath Ledger
Michelle Williams goes back to work
JUST 48 hours after burying her ex-lover Heath Ledger, Michelle Williams returned to work today in a macabre setting almost next door to where the actor died.
Tuesday, February 12
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Entertainment
Strike will cost Hollywood dear
HOLLYWOOD writers scored a historic victory in their three-month long strike, but the dispute came at a devastating cost for small businesses caught in the cross-fire.
First ratings wicket to Nine
AFTER struggling last year Channel 9 is off to a flying start in the Melbourne ratings, hitting a six with a proven performer - the cricket.
Underbelly sparks outrage
IT has a violent bashing, a sex scene, liberal use of the "F" word and a graphic shooting in cold blood - and that's the first 20 minutes.
Business
Market rallies after shaky start
THE Australian stock market rallied towards the end of today's session to close in positive territory.
Toll takes majority control of BALtrans
TOLL Holdings has taken majority control of Hong Kong-based freight forwarding and logistics company BALtrans Holdings.
Business confidence lowest since 9/11
AUSTRALIAN business confidence slumped last month to its lowest level since the September 11 terror attacks in the United States, a survey has found.
Car parts giant in trouble
AN administrator has been appointed to the car parts company National Parts, based in Dandenong.
Housing affordability plunges again
HOUSING affordability has continued its downward spiral, sinking almost 2 per cent in the final three months of last year to yet another record low.
JB Hi Fi falls despite strong profit
SHARES in JB Hi Fi fell today despite the electronics retailer's higher first-half earnings report.
Mirvac profit jumps 86 per cent
REAL estate developer Mirvac Group has reaffirmed its full-year earnings guidance after posting a 86.4 per cent boost in first- half net profit.
MYOB looking for more acquisitions
BUSINESS software provider MYOB says it can withstand market "turbulence" and is looking to grow through further acquisitions.
Rio profit expected to drop
TAKEOVER target Rio Tinto is expected to deliver a drop in full-year profit tomorrow as it works to fend off the unwanted advances from rival BHP Billiton.
Primary grabs 52 per cent of Symbion
PRIMARY Health Care now holds 52.27 per cent of takeover target Symbion Health, up from 49.70 per cent on Friday.
Cochlear profit climbs to $57m
HEARING-implant company Cochlear has reaffirmed its full-year core earnings guidance after posting a 17 per cent boost in first-half net profit.
Storm warning
IN a dramatic warning the Reserve Bank yesterday identified inflation as the biggest threat to Australia's economic prosperity through to 2010.
Telstra wins bush redial
TELSTRA will have access to documents relating to a $1 billion broadband decision made by the Howard government.
Counter culture all DJ's way
THE good times keep rolling at upmarket retailer David Jones with higher interest rates and turbulent markets failing to dent surging half-year sales and profits.
Primary nears finish line
PRIMARY Health Care's $2.7 billion marathon takeover battle for rival Symbion Health is almost a done deal.
Put up or shut up- Xstrata
XSTRATA Coal is sceptical about Resource Pacific's claim that it is talking with a third party.
Hawkish RBA spooks indices
THE banks led a sharp sell-off on the share market after the Reserve Bank of Australia warned yesterday that more interest rate rises were inevitable.
Yes minister it's more Telstra spin
HERE'S an early prediction. The blooming infatuation that Telstra's Dr Phil has with Kevin Rudd and Stephen Conroy is going to sour as certainly as he fell out of bed - figuratively speaking, of course - with Helen Coonan and the ACCC's Graeme Samuel.
Costs stretch Ansell
GLOVE and condom maker Ansell has raised full-year forecasts despite soaring latex prices and fears of an economic slowdown in the US.
Sweeping review to aid Tricom
STOCKBROKER Tricom Equities has appointed financial services firm PricewaterhouseCoopers to review its operating and systems controls, following a demand from market operator ASX that it appoint an independent adviser.
WA play a slick deal for Woodside
WOODSIDE Petroleum is adding to its interests in a number of North West Shelf oil fields in Western Australia at a cost of almost $US400 million.
Debt specialists can't turn a dollar
CREDIT Corp chairman Christopher Deane resigned yesterday as the debt specialist slashed its full-year profit forecast in half and its shares fell 77 per cent.
Freeze on MFS debt to NZ arm
PAYMENTS to investors in crippled financier MFS's New Zealand arm are to be deep frozen as the company waits for a critical cash injection from its Australian parent.
Allco calls time out
STRUGGLING Allco Finance Group ordered a share trading halt yesterday as speculation grew about a possible privatisation bid by Macquarie Bank.
Rio's party souring
SOMETHING potentially significant happened yesterday. Rio Tinto closed below the BHP Billiton offer price, for the first time since this exploded back in November.
Rates are only part of the pain
THE Reserve Bank sent out not one but two very specific messages in its quarterly statement yesterday.
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Last updated: February 13, 2008 05:53pm