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AUSTRALIAN NEWSPAPER HIGHLIGHTS - SEPT 1, 2006.

AsiaPulse News

| September 01, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Sept 1 Asia Pulse - Highlights of today's newspapers:

THE AUSTRALIAN FINANCIAL REVIEW:

- Future Fund chairman David Murray says the fund will not ditch its A$15 billion (US$11.45 billion) Telstra (ASX:TLS) shares and force down the share price. Law firms are reaping a bonanza in fees from the boom in mergers and acquisitions and corporate litigation.

- Growth in business investment is slowing amid signs the capital expenditure boom has peaked.

- The sharemarket ended the month on a positive note yesterday thanks to a generally upbeat reporting season and growing hopes that interest rates may not need to rise further in the United States.

THE AUSTRALIAN:

- Prime Minister John Howard has singled out Muslim migrants for refusing to embrace Australian values. A West Australian report on child abuse prompts calls for uniform national child protection laws. Foreign Minister Alexander Downer to tour Dili amid renewed fears of violence following jail break.

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Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - SEPT 1, 2006.

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