NSW: The main stories in today's newspapers - Wed 15 Aug, 2001=4

AAP General News (Australia)
08-15-2001
NSW: The main stories in today's newspapers - Wed 15 Aug, 2001=4

THE FINANCIAL REVIEW:

Page 1 - The Federal Government will consider laws to stop the Seven Network and other
broadcasters securing access to the Foxtel cable television network; WMC plans a $5 billion-plus
expansion of the massive Olympic Dam copper mine in South Australia; Australia's business
community has backed a new blueprint to attract foreign investment.

Page 2 - Index.

Page 3 - A sharp turnaround in Australia's construction sector has underpinned a further
broad economic recovery in July; The Victorian Government will fund a $400 million redevelopment
of the Melbourne Cricket Ground; Deputy Prime Minister John Anderson has given his strongest
signal that the Federal Government will overhaul controversial water reforms.

World - Japan has fallen dangerously behind its competitors in innovation in manufacturing;
The Bank of Japan has stunned financial markets by launching its own bid to breathe life
into an economy many believe is on its last legs.

Companies - The National Australia Bank's $150 million exposure to troubled zinc miner
Pasminco has forced the bank's chairman to step aside as a director; Pacific Dunlop is
understood to be considering a major restructuring of its unprofitable South Pacific Tyres
joint venture.

Markets - Australia's leading resources companies have seen their share prices fall
in recent months amid mounting concerns about the global economic outlook; Australian
investors yesterday experienced the heaviest day of the corporate reporting season so
far.

AAP nf

KEYWORD: FRONTERS NSW 4 SYDNEY

2001 AAP Information Services Pty Limited (AAP) or its Licensors.