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SYDNEY, Dec 1 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN:
- Australia takes a step towards strengthening economic ties with Asia by agreeing to negotiate a trade pact with the 10-member ASEAN bloc; the Australian dollar falls more than one US cent amid bad economic news; the children of Palm Island reclaim their school after it was turned into riot police headquarters.
- Labor MPs agree to retain the plan to strip elite private schools of funding if they win office; Labor backs tariff reform for the textiles sector and changes to workplace relations laws; the governor general urges Australia to create populated oases in the outback.
- Telco Optus acted as middle-man in the trade of porn from Vanuatu to the US and Europe; Former Beach Boy performs music from the band's so-called lost album at the Opera House; Crash testers call for "curtain" airbags in all cars.
- Insurance Australia Group predicts a corporate watchdog investigation into the insurance broking industry will uncover wrongdoing but insists it is not widespread; Miner Xstrata attacks the management of takeover target WMC Resources.
THE SYDNEY MORNING HERALD:
Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - DEC 1, 2004.