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AUSTRALIAN NEWSPAPER HIGHLIGHTS - FEB 1, 2008.

AsiaPulse News

| February 01, 2008 | COPYRIGHT 2008 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, Feb 1 Asia Pulse - Highlights of today's newspapers:

THE AUSTRALIAN FINANCIAL REVIEW:

- The Australian sharemarket has suffered its worst month since the October 1987 crash, and fund managers are bracing for more volatility.

- Businesses, buoyed by strong demand growth, are borrowing at the fastest pace in almost 20 years, highlighting inflationary pressures.

- Queensland Rail talks down the prospect of a privatisation of the government-owned corporation, saying it was a distraction from QR's battle with Pacific National to dominate the national freight market.

- The Australian sharemarket yesterday oscillated between positive and negative territory, but managed to finish the month on an upbeat note.

THE AUSTRALIAN:

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Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - FEB 1, 2008.

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