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AUSTRALIAN NEWSPAPER HIGHLIGHTS - NOV 1, 2007.

AsiaPulse News

| November 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, Nov 1 Asia Pulse - Highlights of today's newspapers:

FINANCIAL REVIEW:

- The Coalition's attempts to seize the initiative on health is derailed by a series of gaffes by Health Minister Tony Abbott.

- Business credit growth has surged to its highest level in 18 years, keeping the pressure on economic capacity and interest rates.

- Queensland's Bligh government re-affirms its commitment to boosting infrastructure spending in future budgets, to expand the rapidly growing economy's capacity while also maintaining the state's tax competitiveness.

- A slump in US consumer confidence to a two-year low has stoked fears that a pillar of strength for the US economy may be feeling the deepening housing slump.

SYDNEY MORNING HERALD:

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Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - NOV 1, 2007.

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