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SYDNEY, June 1 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN FINANCIAL REVIEW:
- Tumbling bank and resource stocks push sharemarket sharply lower, capping off the worst monthly performance in more than three years. Health Minister Tony Abbott warns long hospital waiting lists and increased patient expenses are unavoidable if the government is to keep a lid on the nation's spiralling health costs. Small business loses bid for protection from unfair competition under Treasurer Peter Costello's contentious legislation rejig.
- Singapore rejects trade minister's assertion that an open skies agreement could be treated separate to free trade negotiations.
- Consumer confidence slide to keep a lid on US interest rates.
- Tattersalls and Unitab begin arduous task of selling their $4 billion merger to investors.
THE SYDNEY MORNING HERALD:
Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2006.