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AUSTRALIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2007.

AsiaPulse News

| March 01, 2007 | COPYRIGHT 2007 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, March 1 Asia Pulse - Highlights of today's newspapers:

THE AUSTRALIAN FINANCIAL REVIEW:

- Slashing government regulation and boosting productivity and competition could lift output by more than 10 per cent and generate an extra $100 billion over the next 25 years.

- Global sharemarkets fell sharply yesterday on worries of a potential slowdown in the United States economy and the prospect of tighter financial market controls in China crimping its growth.

- The major political parties clashed yesterday over who could deliver national consistency in schooling.

- Human Services Minister Ian Campbell will abandon a key feature of the government's $1.1 billion health and welfare smartcard if the compromise helps secure its approval in the senate.

- The sharemarket posted its biggest fall in more than 5-1/2 years yesterday amid a meltdown on global markets.

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